Oil begins to slide

I still stand behind my prediction that we'll see $40.00 oil by March 2006

It appears that Investors Business Daily may be suggesting the beginning of the slide.

Interesting side notes appeared on blogs last night, for example it looks like high oil prices have allowed Chavez in Venezuala to hold onto power. Read publius' thoughts on the potential for problems in that country.

A week later, still sliding. Update November 1st. Look for $50 before year's end