Crude Oil Watch

I have been hearing all sorts of hubbub about CRUDE OIL lately as it has pulled back considerably from what the mainstream media has been calling THE OIL SUPER-SPIKE.  Well we are back below $100 and now the major floods on the Mississippi River from the Gulf Coast all the way up to around St. Louis, Missouri including adjoining tributaries (the Ohio River, etc.) are threatening oil refineries which may actually be shut down.

http://news.yahoo.com/s/ap/us_mississippi_river_flooding 

What this does to the price of CRUDE OIL has been rumored both ways but I'm still waiting for the Lindsey Williams prophecies to be fulfilled:



Obama announces a new prospect on oil drilling and exploration.  Will this bring the price UP now or DOWN?  Can't wait to watch those charts Sunday night....developing...
http://www.nytimes.com/2011/05/15/us/politics/15address.html?_r=2&hp 
Once this commences I would expect another oil spill is likely in the Atlantic.  We already had one in Alaska and the Gulf of Mexico.  Now we need to fill the Atlantic with additional oil from the residue of the BP spill in the Gulf of Mexico.  Need to ruin the waters more toward Iceland the UK and entire western European coastal areas including Greenland.  It doesn't seem to matter as BP, RIG, HAL stocks all recovered nicely.

The price at the pumps won't change folks.  An odd thing is going to happen here.  CRUDE OIL will go down and the cost at the pump remains the same or higher.  Is this manipulation?
http://finance.yahoo.com/news/With-gas-costs-high-Obama-to-apf-475286155.html?x=0&sec=topStories&pos=main&asset=&ccode=