RE:Oil down to $67/bb, that is just beginning down turnFor sure oil has to come down but sometime gasoline goes up with oil but not following oil's retreat. I say this because CPI does not include oil price but it includes gasoline price.
So far so good this time. It is off from the peak of U$2.50 (in October) to current U$2.00. This could could shave CPI a few base point.