[Bonaparte]

And we can expect it to drop even more. After 3 years of Chavez, Venezuela needs cash. This puts OPEC in an interesting position, no? :-)

[SauronOfMordor]

And we can expect it to drop even more. After 3 years of Chavez, Venezuela needs cash.

I think some US envoys may have been talking to the new government: "You need money, you need US support, we need the price of oil to drop below $20 in order to get us out of recession. Come, let us reason together..."

BTW, Oil finished the day down $1.50/barrel