The sharp drop in fuel prices shows that the dramatic rise that began last September was driven...

|By:, SA News Editor

The sharp drop in fuel prices shows that the dramatic rise that began last September was driven more by Wall Street speculation, not by supply and demand influences, Oil Price Information Service's Tom Kloza says. "This was a combination of hysteria and euphoria for the speculators. You had the panic mentality of the crowd who collectively acted like blockheads."