Oil Dips Yet Again. Now $72/Barrel

Via Drudge: Down from just under $80 yesterday.  This is the lowest the price has been in 13 months.

I commented last night on the countries that are sweating the lower price.  You can add one more to the list:  Iran.

Funny how they celebrate our financial crisis as the end of capitalism when the lower price of oil is putting a serious crimp in their socialism, bringing with it a real threat of social instability.  (H/T: Insty)