The price of a barrel of oil – down, down, down

At 10:12 AM this morning it is at $91.23 a barrel – down 4.48% for the day so far:

http://oil-price.net/dashboard.php?lang=en

This is way under $100 a barrel. This is down from a record high of $146 a barrel earlier this year. Will we see relief at the pump? What explains this massive drop? Why is this not big financial news in the main media?

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