Look For Gas Prices To Fall - Not!

If basing gasoline prices on the free market weren't a fiction, this news story would cause prices to start plummeting.
I won't be holding my breath:

HOUSTON — ConocoPhillips, the third-largest U.S. oil company, said Tuesday second-quarter production rose by more than 100,000 barrels from a year ago, but lower crude and natural-gas prices and refining margins are expected to hurt results.

The company's shares fell more than 2 percent in early trading, along with all major oil companies in a week that has seen the price of crude drop by more than $10 per barrel.

In an overview of market conditions for the April-June period, the Houston-based company said global output was about 1.86 million barrels of oil equivalent. That's up from 1.75 million barrels in the second quarter of 2008.