[rwfromkansas]

The oil market already priced in the cuts, so now they shrug.

Just like they did the last time cuts were made.

However, gas better go down again. It went up before the meeting since oil was going up (though frankly, the increase was unjustified.......oil went up before the last OPEC meeting and gas still went DOWN, not up). They were screwing with us last week jumping the pump prices.

But anyway, OPEC just doesn’t have the impact it used to have.

[hoosierham]

Oil is used to make plastic.

Plastic is a major portion of many of the items which aren't being made or sold right now.

Probably industry demand for oil is down even more than gasoline sales.

$1 a gallon gasoline would get people moving again.When one had to think about every little trip costing $5 to $10 in fuel, many of us cut down our trips.

[thackney]

gas better go down again. It went up before the meeting since oil was going up

Maybe in some selected local markets but the overall average kept falling.