Ga$ and Oil

Not for the first time, I'm left wondering why oil prices keep dropping, perhaps to five year lows, while we all watch the gasoline price at the pump slide upward at the same time. One L.A. Times story provides clues this morning. Oil traders think we Americans have become about as fuel efficient as we can, short of a major overhaul in the cars we drive. Lst week Chevron announced lower than expected earnings in the first quarter. Welcome aboard, fella, welcome aboard.