[rightinthemiddle]

If, as we hear every day in the media, the cost of gas is too high for Americans to absorb, then the oil bubble is about to burst.

Usage is already down 0.6% from this time last year. Doesn't sound like much, but in a booming economy, it is a surprise.

[santorumlite]

Oil will never go down. There is no bubble. This market is dictated by fear mongering.

They will use iran to drive crude over a hundred dollars.

These speculators are getting rich on the back of working americans and helping make chavez and iran's president rich.

I am getting sick of this bs.

[xzins]

Any bubble in the price of oil that busts won't hurt the production/supply chain. They insulate themselves by immediately raising daily prices at the pump to reflect the daily price of oil, gas, etc. In fact, they seem much more willing to raise it immediately than they do to lower it when the market goes down.

[sarasota]

I've cut back on my out-of-town driving bigtime.

[LM_Guy]

Usage is already down 0.6% from this time last year. Doesn't sound like much, but in a booming economy,

Demand is growing in China & India more than it is dropping here !!!