You are 100% right. Speculators drove up the price when the housing market started sliding. Since the price was not sustainable, when people quit buying the chinese crap, the chinese couldn't buy as much gas and now the supply is growing. Speculators have run out of commodities to buy and since they have no skills that can be useful to society, they are scared. It wouldn't bother me one bit to see a few do swann dives off of sky scrapers. According to the DOE, gas consumption in the US dropped 9% in September. Looks like we may be in for the ride of our lives, better hold on tight.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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