From Yahoo! via Drudge:
http://biz.yahoo.com/ap/080708/oil_prices.html?.v=15"Oil tumbled more than $5 a barrel Tuesday in its second big drop this week, hurling crude back to levels not seen since June 26 as traders wary about the health of the global economy cashed in gains from oil's recent rally. Light, sweet crude for August delivery fell $5.33 to settle at $136.04, after earlier slumping as low as $135.14. The decline followed a $3.92 slide on Monday, bringing oil's two-day drop to more than $9".
Meanwhile in a
totally unrelated story:
http://www.msnbc.msn.com/id/25482959"WASHINGTON - High gasoline prices have dramatically changed Americans' views on energy and the environment, with more people now viewing oil drilling and new power plants as a greater priority than energy conservation, according to a new survey".
Gee, you think Americans willingness to drill for oil is affecting the world speculative markets?
Nawwww!