Oil falls below $125/barrell

http://biz.yahoo.com/ap/080723/oil_prices.html

Either they're fearful of the weakening economy, or of the fact that George Walker Bush said a week and a half ago "Drill Away Boys!"

And gas in town fell below $4....STOP THE PRESSES.......

Anyone think this has anything remotely to do with recent announcements of FBI investigations into market abuses?

We could be watching the kids hiding beer bottles under a pile of leaves as we approach the commotion...

I think most on the street have no fear of the FBI doing anything to them. It's too hard to prove something, all you'd have to do is say I heard from someone that this was true.

I think it's a culmination of a lot of things.. Bush pushing for more drilling, talks with Iran, conditions in Iraq improving and most of all, China telling it's citizens to stop driving for a month before the Olympics to try and clean up the smog (i.e. decrease in Demand).