NEW YORK - Oil prices fell below $126 a barrel Friday in Asia, extending a decline of more than $4 in the previous session as a stronger dollar and falling demand outweighed an unexpected drop in U.S. crude oil stocks.

http://www.msnbc.msn.com/id/12400801/

So how come I haven’t seen a reduction at the pump??  World influences causing an increase in the price of crude appear at the pump at ‘faster than light’ speed.  Influences lowering the price arrive at the pump by snail mail.

Could this “slide” in prices have anything to do with the governments six month investigation of futures traders and speculators ?

WASHINGTON - Federal regulators are six months into a wide-ranging investigation of U.S. oil markets, with a focus on possible price manipulation.

The Commodity Futures Trading Commission on Thursday said it started the probe in December and took the unusual step of publicizing it “because of today’s unprecedented market conditions.”

http://www.msnbc.msn.com/id/24877586/

http://oraculations.blogspot.com/2008/05/cftc-announces-wide-ranging.html