Speculators speculating Let's be real here, oil prices are nothing but hunches. The hunch this week is China is slowing, the Mideast is no longer an oil issue, and the Americans have excess oil in the Cushing refinery. Last week, everything was different.
If oil was at $85 instead of $75 this week, CPG is at $12 plus and no one is whining.
Just wait for the wind to change and the price of CPG will be much higher.
Buy now and profit later.