Verified answer

Instability in the economy.

A few days ago when the US Congress rejected the bailout the stock market dropped 5% in one day, so everyone got nervous and worried about a major recession so oil manufacturers dropped the price of their barrels so companies, countries, individual would still buy oil.

Shhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!!! Don't let them know we have noticed or they will go up again! The price per barrel has been steadily going down for the past week and a half or so.

Sure.

Why not?

Look in the real world.

At 30/barrel?

When it cost only 13/barrel to produce it.

That is good money.

When the asset is God natural asset.

Just pump it out of the ground.

Luke 9.25,55-56,60

What do you think?

After the Election, don't be surprised if they go up. Bush gave the oil companies a big tax break and they are paying back the favor.

dont know but gas where i live is still 3.19