Might want to look at that chart again. A) Do you really think that anything that happens at that level today originated yesterday? B) You'll notice a steady climb through the G.W. years culminating just before the election; then dropping suddenly. Almost like the oil companies said, thanks for the profits. Now we'll drop the price so it's not an election issue for you. Then we can continue business as usual after the election. Of course that would require political back scratching at high levels. Sort of like raising the terror threat level every time the President slips in the polls or his opponent takes the headlines. I mean people who would do that might even be capable of sabotaging campaigns of members of their own party who they view as competition.