SEARCH BLOG: OIL
Oil prices dropped below $125 per barrel on news that supply is up and demand is down.
Congress, however, is doing everything it can to ensure that supply stays as tight as possible. Maybe certain Congress-persons are trying to get the populace angry at President Bush by somehow blaming him for Congress' malfeasance. Won't work. Too transparent.Prediction: the Democrat party will be very disappointed after the November elections.
The marketplace will work... if Congress gets out of the way.