By lifting the ban for offshore drilling over the summer, it really put a dent in oil prices. Add that to falling demand, and the current economic issues and oil prices should continue to fall. Though foreign governments are trying their best to get oil prices to go back up because their budgets depend on it. Drill, baby, drill(just saying we will decreases value) but also do all you can in the other areas to solve the energy crisis.

I wonder what the "true value" of a barrel of oil is, and how much the price is effected by speculation?