once again Connacher takes proper action,its not just OPEC that cuts production,PEAK OIL dictates that SUPPLY is in dire straits,IMHO current woes in today's world wide economies are falsley effecting price of BBL,by that I mean the price should and will be effected by SUPPLY regardless of demand,I beleive DEMAND should be curtailed by alternative power sources,but that BBL pricing will be dictated by PEAK OIL ie the lack of and as such should and will command triple digit pricing,as far as I,m concerned this is a buying opportunity..