>>>http://articles.moneycentral.msn.com/Investing/Dispatch/market-dispatches-100908.aspx
>>>
>>>5+ Yr Low
>>
>>I'm waiting for the oil companies to say they are losing so much in investments that they need a bailout too.
>
>Kidding aside, oil is moving lower full speed. Gasoline price will break 2s in near-term, and windfall oil profits disappear. Oil producing companies will do fine, but oil refiners can be squeezed out of business.

But what about the excuses about why oil prices went through the roof earlier in the year?

World consumption outstripping demand!

Too many Chinese!

MidEast tensions!

Declining production!

No refineries!

The locust plague (well maybe not yet)!!

Thank God they weren't just raping the public.

They must be in dire straights now.