Today, a panel of energy of experts testified before the House Energy and House committee.
“Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.â€Â
http://www.marketwatch.com/news/story/gas-could-fall-2-if/story.aspx?guid=%7B2673C102-68E0-41D9-9C9A-10EE2E723948%7D&dist=msr_13
Half of our money paid at pump goes to Wall Street speculators. And we can not hear or read main media reporting them, Why keep us in the dark ?
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