Crazy markets

When price of oil falls, the cost of energy (used for transport and manufacturing) should drop too.  And when motorists save on fuel cost, they spend elsewhere.  Yet, the markets have been savaged by the fall in energy cost.  If the oil producers want to get screw by themselves, the consumers should lend them a hand.  OPEC producers think they are hammering the shale oil producers but in the long term, they are extracting their oil and selling them faster for lesser...  No wonder the Middle East mirage will be ephemeral.  Diamonds are forever, but oil gets burnt and it isn't endless.

So, for the time being, it is nearly impossible to think logically.