[gotmatt]

Cheaper Oil Fueled by Re-Election of George Bush... Of course this is not mentioned

[GSlob]

Well, it's good and satisfying to see that my vote for GWB is already paying off. Yes, it feels good and satisfying.

[Kolokotronis]

""The fundamentals didn't appear to justify $50 oil," said Christine Callies, chief market strategist for Bessemer Trust. "A lot of the move upward appeared to be technical.'"

Bull! The market was being manipulated by Bush's Saudi "friends", Europeans and the likes of Soros to get Bush out and Kerry in. It didn't work, thank God!

[Perdogg]

Maybe George Soros has stopped trying to wreck the US economy since the elections are over.

[citizencon]

The economy is definitely on its way to a complete recovery. Imagine if Kerry had won, he would have gotten the credit. Just like Clinton received the credit for an economy that was already turning around during Bush 41's last days in office. This is Divine Providence. Long live GWB.

[jriemer]

The reason oil kept rising, they say, is that "herd investing" took over. Fast-moving hedge funds have been playing in the oil patch much of the year. Recently, those funds have dumped oil and poured back into stocks.

If it were "herd investing", they why as far back as May did the December PEMEX futures cost $10-15/bar less than in November?

[the invisib1e hand]

I think it would be more accurate to say that the stock market rally was held back by higher oil prices. Not just semantics, either.

[JohnEBoy]

I want to know ... when will the CEO's of Exxon, Shell, BP, etc. be called before congress and be forced to explain this $13 drop in the price of a barrel of oil! After all, it can't just be market forces, whenever the price goes up, CEO's are blamed for conspiring. So is this recent drop a conspiracy, too? Inquiring minds want to know!