I got convinced of that simply by observing the recent drop down in prices for gasoline. If only a few months ago (March), they climbed up to over $4.00 per gallon, they are now back to $1.69 in central California, where it's usually pricey. If the oil was running out back in March, it would definitely be running out even more now in November, yet the price got cut down in half.   more »