I remember when oil prices climbed up like crazy last year…
I remember when a barril of oil reached 78USD during mid-2006…
I remember reading about the causes for the climb…
I remember reading several times that one of the responsible causes was the cold weather in the US (it’s true it’s widely used for heating), but…
The cold weather in the US today is the most severe one in decades…

The price of oil has been tumbling since the beginning of the year, despite the cold weather in the US and in Europe. It tumbled 15% already!! In case you didn’t notice we are only on the 4th week of the year!

Something doesn’t make sense here… They always have an explanation, but do you believe them?