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[malamutus]

These low oil prices have absolutely nothing to do with oil production #'s or consumption.

I bet production is the same and consumption is the same.

It's the powers behind wall street as usual driving the prices and idiots trying to give a logical explanation to explain why the price is where its at.

The price is a plan for something; nothing to do with consumption or demand.

They want it lower for a reason. If opec does not cut production there is a reason the powers that be want the price lower.

Why all of a sudden now is there now this supposed "over supply". I would love to see the officials saying this is the reason (over supply) to provide some kind of meaningful #'s to support this? They will not.