We have recently seen that the Oil prices have gone down from 142 / barrel to 60.00/ barrel.
This price increase was being circulated with reports that the economies are growing, People need more oil and all that reports suggesting that the growing economies are putting strain on the prices. This was all all crap. We suddenly see a decrease in Oil prices Now why that happened

1) Government started monitoring the commodities trading
2) People changed their driving habits
3) We started using less oil. People travelled less and travelled locally instead of taking long drives

Oil prices are going to come down more because of people have adjusted to the life style of using less gas, people are going green. There are investments made in the field of alternative energy which was required and will be the most turning point of this century. We should keep it this way so that the oil companies don't make profits and we will not have the crazy oil prices back. The mantra is use less, consume less.