$75 oil is here This dog will be under $4 today. What a total dog! If it looks like a dog, walks like a dog, it must be a dog! Oil is down $2.42 now. It's going to be very ugly. I foolishly bought more of this dog back after selling a chunk. I am a fool for thinking this would last. Won't be surprised to see a real swoon here to $60 oil. This is not a correction but a move by Biden to stabilize and lower the price by Christmas. Biden desperately wants his approval rating to jump and the release of the SPR is going to sink the oil battleship. $5 is out of the question now and solely the top end of the journey, under $3 is a distinct possibility now. $3.90 today seems to be in the cards.