Why is crude down a dollar when the towel heads just announced production cuts? Two reasons: ample supplies, which could change if the weather stays cold; and the scumbag effect. The Muslim scumbags have always cheated on their quotas before and now that they are used to the money that comes with $75 oil it isn't likely that they won't cheat now. They love that $75 times a million barrels per day. Money is addictive, too much money puts you in rehab.