Oil has continued to slide in recent days and is back down to the $136 level today. It seemed just two weeks ago the it was going to be "$150 or Bust."
I know for us and across the internet I see more and more tlking obut how they have had to cut back, how small town especially are getting decimated, and how Congress is being beat up up pretty badly for letting this gett so out of control.
Could this be the, not the end of historically high oil/gas price. Not so sure, but to rip off Churchill...I hope it is at least the End of the Beginning!
If this has been an investor bubble, which I believe, oil would over-correct ala the houseing market. Regardless it is going to be a wild ride as no political office holder want to be running with $5 Gas hanging over their heads.
It is going to get interesting...