Oil prices as of today have been falling, this despite the fact that Russia is having an economic problem due to the Ukraine. Some group of radicals have taken over the oil fields in Iraq. Saudi Arabia, well there Saudi Arabia.
Indications that the oil refineries have very little capacity to take in any more oil.
Are the Asian countries that were using oil at a record amount just a short time ago having such a down turn in their economies that they don't need that much oil. Did they build up their refineries and are taking oil on the sneak from Russia and Iraq?????
Bigger question are we producing too much oil by fracking that were on the verge of an oil bust????
Was there collusion a short time ago and a rift happened?
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