A barrel of oil dropped from $147 to $129 in the last week. Reasons are myriad from the experts. The real reason is that the powers behind the oil increase (Big Oil & Big Money) need to have oil not be a factor when the election rolls around in November. With oil lower, Americans will feel more confident voting Republican in the fall. Big Oil needs a win so it can gain its much desired drilling rights in the Alaskan Wilderness Preserves. A Democratic win almost ensures that these drilling rights will take much longer to get. Look for oil to continue its rise in earnest after the election, regardless who wins.
