It is on a down turn because of the lemming effect urged on by the driveby press. Were the drive by's running articles about how we're succeeding in Iraq (they'd be true, too) and that it was WAY past time to harvest the oil in ANWAR, the Bakken Formations (500 biooion bbls in Wyoning, etc), the Trillion bbls or two of shale oil in the Colorado oil shales and the thoudands of billions of naturat gas (methane) in hydrates under the permafrost and in deep water. That there's 1000 years of energy right there, so GET TO WORK there'd not even be a blip in the market. Moreso if we actually did start to drill and refine.