[Dilbert San Diego]

Well, goes to show that world commodity markets and the stock market react to world events. The markets react to statements by leaders urging new policies, because judgements are made about the effects of new policies. Judgements are made about the chances of these new policies going into effect. All of these things affect the futures markets because they are trying to make an investment for the future, taking into account all the information that they have. And one piece of information is the growing movement to move towards more drilling and more production.

[AmericaUnited]

Let’s be honest here... it was the Fed Chiefs sober economic outlook for the coming year that caused oil to drop. Market players saw diminished demand ahead.

[Eric in the Ozarks]

Thank you, Dil. If you removed the mass hysteria and the global terror threat, I think $40 or $50 would come off.