I think it was a combination of conservation and complete fear.  People stopped driving as much and speculators got out of the oil market because they were afraid of the DOW.

It’s cheap because people proved to the Big Oil companies that if you jack the price up, we will learn to conserve. Less demand means lower prices. Or at least this is my philosophy. However as the price falls, people will begin to slip back into their old ways, driving the cost up again.

Go get ya some big ole huge barrels and fill em up!!!!!

I wish I had some place to store a whole bunch of it!!!!!! Because it has to go back up…..

Why is it so cheap? Its making me nervous. I feel like something bad is about to happen, lol.