Remember the talk about oil prices skyrocketing because of the war? Not.

U.S. light crude futures was down 75 cents at $25.90 a barrel, the lowest price since mid-November and down 15 percent this week alone. London benchmark Brent was 38 cents lower at $23.88 a barrel.

OPEC opened its taps to stop prices spiking during the U.S.-led war in Iraq, but is now trying to prevent crude dropping below its $25 target.

As far as I know, the $50 per barrel cries of the "experts" were a tad bit off.