oil and gasoline down coniserably

on the news of the weakening Gustav...looks like blessings all around!

http://bloomberg.com/markets/commodities/energyprices.html

sP

All politics aside - this is good news!

It proves that supply and demand were never the "real" reason price went up over the last year to record highs. SPECULATORS have been the problem, and it's becoming pretty obvious. On article I read said that if this kind of thing had happened just a couple of months ago, oil prices would have went up $10 a barrel! Seems kind of funny that now even though prices went up some since Friday, they have dropped back down to around $111.00 a barrel.

Congress needs to make sure they put tough regulations on speculators so this never happens again! If they don't, then it gives speculators the green light to do this not only with energy commodities, but any other commodity including food! Congress needs to stop it NOW, and if republicans block it, they need to make it a top priority when they take over the whitehouse, and congress next year!

The speculation on something so critical makes all the lives the idiot Bush sacrificed for oil in Iraq for naught.

I can't believe Republicans will kill people for oil supply, but won't crack down on speculators who are driving the price through the roof - the exact same bad outcome that they murdered people over!!

Republicans are amazingly vile people.

They don't pay, they are paid.

The "bright" side of a foundering economy.

oil rigs....so they sell?