When are oil prices going to drop?

So, what is it going to take to make them drop, and when? Any ideas?

I didn’t check it tonight, but at noon today North Sea Brent had dropped $3 since this morning. NYMEX light sweet dropped about $1. We may stabilize for a bit in the mid-20’s, but I think it might be an upstream stroke to get there. We’re probably looking at near term prices for a barrel of oil staying above $30 until production catches up with demand.

This is where I throw in the obligatory “darn SUV” rant, right?

rimshot