First off, you can't get Bill O'Reilly to shut up about it. He's taking credit for it himself!
On the other hand, you're right. However, what should be big news is that not only isn't the price of diesel fuel falling, it's been going up. My guess is that the same is happeneing for fuel oil too. I don't know why, but it's going to increase prices on EVERYTHING.
Mark
I got that from O'blowhard on his program the other night. Where's he coming up with that? He insisted to his guest that the prices coming down was a result of the "price gouging by the oil companies" (he sees it as a conspiracy), didn't work because the consumers got mad and wouldn't pay their price. He actually said, supply and demand was NOT the reason.
He's crazy. We began to use less, (i.e. less demand). Therefore the supply increased, (i.e. more supply). To get rid of the supply, prices were lowered. What part of supply and demand does he not understand?
He continues in his belief that he is so powerful that his harping on the "gouging conspiracy" is what brought prices down. His guest's mouth was agape at his audacity.
"First off, you can't get Bill O'Reilly to shut up about it. He's taking credit for it himself!"
From what I have seen he is giving credit to Americans.