The 2.2 million bRE: So much for 'no more cheap oiThe 2.2 million barrels does not go into effect until Jan 1 2009..This happened last time they said it they were gonna cut 1.5 million barrles..We came down to these prices and a few days later we were back 3-4 bucks..I think early Jan we will be back around $50 bucks