It's happened twice before, which is why alternative sources can't get funding...
The stockpiles are growing, while speculation and a "War Premium" are keeping prices high. When it collapses, prices will drop like a stone, sending speculators into a selling panic, driving prices even lower....
(Just in time for the 08' elections???)
I noticed that gas has dropped twenty cents in L.A. still 3.17, but noticeable.
"When it collapses, prices will drop like a stone, sending speculators into a selling panic, driving prices even lower....
(Just in time for the 08' elections???)"
That would be cool.
Karl Rove you magnificent bastard!