Or a reward from the House of Saud to W?

Or a reflection of Saudi concerns about Iranian territorial claims in the Gulf?

Or a reflection of Saudi concern with the world economy as a whole?

A reflection of Russian concern with the US and world economies?

Or a reflection of oil company concern with W's re-election and the US economy?

A $1 plus move simply because driving is down?

Does anyone know what the world prices are now?

As usual, Major Media reporting fails us completely. Why?

Supply and Demand.

Sorry, SDAI-Tech, but China will buy for the long term the Venezeulan oil that Japan has given up buying for the US.