Oil prices plummet... usual suspects suspected?

Oil prices plummeted today to under $130 USD/barrel. The drive-by media hacks are attributing the drop to a "sudden" decrease in demand, due to high gas prices and a sluggish economy. Curiously, nowhere in any article can I find the notion that the drop nearly immediately commenced after an announcement by George W. Bush that he would lift the executive-order moratorium on offshore drilling.

If the drop in market oil prices, as the media is touting, is due to decreased demand, as well as a "sluggish economy," why has it been a sudden drop, as demand has been decreasing steadily since before the July 4th holiday (accompanied by a concurrently downspiraling stock market and economy), with no corresponding drop in prices?

Hmmm... the drive-by agenda media, giving credit where it isn't due.

Feature that.