If everything is so great, why is oil dropping like gold?

[Optionpro007]

According to my funnymentals, oil should be trading between $40-50 range...
What is it doing at $80+? Must be Chavez and Ahmeddinnerjacket trying to corner the market...lol

http://www.bloomberg.com/apps/news?pid=20601087&sid=antgMkBeDfFc&pos=7