The tension in the Middle East and other issues such as Nigeria will keep prices from falling. There are a lot of things that could occur in coming days, and none of them are positive.

We still haven't recovered from the hurricanes. The deficit just keeps on widening.

Gasoline supply and prices are driving things. The fall in crude stocks was a big surprise.

This is the path of least resistance. The market is intent on testing $70 again.

It's a system that moves very slowly, and will create tension for us for many days. It will be a long battle.

Heightening tension will make the atmosphere inside Iran harsh, too.... If confidence is to be achieved, it will be achieved only through negotiations. Referring Iran to anyplace but the IAEA won't solve any problems.