The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( TheStreet) -- Americans are about to let out a big cheer because pretty soon, gas at the pump should be a lot cheaper. Oil as measured by the S&P GSCI Crude Oil Index is down more than 7% today! Since its peak on May 2, it is 21% lower. Now who says that there wasn't a risk premium attributable to Osama bin Laden? (I believe it was just a coincidence that oil peaked the same day the Navy Seals took him out).
Oil Prices Are Falling -- Fast
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