For a while there, it seemed like oil prices could only go one direction--up and up fast. But as it happens, demand is down, and prices have come down to a still painful but lower $115 for a barrel of crude. Prices at the pump slid too, with unleaded averaging $3.78. That's down from a peak of $4.11 last month. Welcome relief...but is the respite temporary? And what's driving it... less consumption? Or is something else going on? And what's the long term forecast? Larry and guests Severin Borenstein, Director of the University of California Energy Institute, and Robert Hirsch, Senior Energy Advisor, for Management Information Services Inc. take a look.
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