How can this be?

“Oil prices fell Friday on expectations that OPEC will decide to increase output at its meeting next week and as concerns of a supply disruption from a US pipeline fire abated.”

Well, this is good news. This is not supposed to happen. Oil is supposed to keep going up, people were talking about a hundred bucks a barrel, 200 bucks a barrel.

But crude prices are coming down.

I fully expect, folks, that by the time you leave work this afternoon, a full 25 cents will be off the pump price than when you left home this morning.

Ha! Just kidding.

But remember, when the oil price was shooting up, the gasoline price held steady for a while, and that was because of market forces as well.