Friday, September 08, 2006

Look out below:

The price of crude oil and with it prices at the pump, are continuing to fall. There is a number of reasons for this, from a weak hurricane season, record historical supply and a oil market that had priced in all sorts of doomsday scenarios, like Iran or Venezuela pulling oil off the market.

What will be interesting to see is if the price of oil continues to fall into November, if it will help Republicans on Election Day?