Five Reasons Why the $700 Billion Banking Bailout Will Translate into $250 Oil

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… Analysts said this decline was merely the beginning, and that with a global economy that had been severely singed by the U.S. credit crisis, oil prices had nowhere to go but down.

But I continued to make the opposite argument. And a week ago, the markets made my point for me. On Sept. 22, crude oil futures for October delivery soared $16.37 a barrel, or 15.7%, to close at $120.92, after trading as high as $130 a barrel – thanks to a steep decline in the U.S. dollar and to speculation that the Bush administration