$10 seems a little too unrealistic. If it got that low for any extended period, the oil industry in this country would be crippled. Maybe that's what Saudi Arabia is truly aiming for but they may bankrupt their own country in the process.

Because of your high oil price fetish. :D

A potential 50% reduction in shale production is already pretty damaging. Our adding to the global spare capacity has had a significant impact on crude's decline.

I have an oil price fetish. It doesn't matter if it's high or low, or anywhere in between.

The people in Saudi capable of making that happen wouldn't care as they have the private jets for themselves, their harem and their race horses.

So what are some good oil-related investments I should look in to? Gotta contribute to my Roth IRA soon.

Contango. Don't invest.

Start looking at oil and oil services stocks with the lowest debt to equity ratio. Then when oil hits low to mid twenties, jump aboard.

The problem with oil mutual funds is they have some good ones and some dogs in them that may go bankrupt so they may not get the best returns.

Be very careful of stocks with artificially high dividend yields, they will likely be cut.

Inventory numbers just kicked WTI in the balls again.

Crude following the market today. Down 5.00% right now at $29.64

Just saw $1.49 gas in Springfield.

Wow. Gasoline now well below $2.00 at $1.92.

Oil at $29.53 and RBOB gasoline is at $1.04 a gallon yet the wonderful people of Cali still are paying $3 a gallon or more in many places

Diesel still in the 1.90-2.10 range here.

Closed at $29.19. The lowest since November 2003.