Is there anyonebesides myself kinda suspicious about the drop in oil and The Pickens Plan?(Please read details

Question

Is there anyone besides myself kinda suspicious about the drop in oil and The T. Boone Pickens Plan?

Oil went from $147 a barrell to $126.26 right about the same time that T. Boone Pickens introduced his plan.

Did that cause a drop in some of the excessive specualtion in the commodities market?

Answer 1

He probably shorted oil in his BP Capital fund.

Answer 2

Well...you think the " speculators" would then swing over to Picken's CLNE...but that didn't happen....Soooo, could be just some nervousness on their part with " demand" going down weekly. ( Hard to believe: can we learn to conserve? If the price is too high ? Only ?