I was reading in yesterday's Globe that some airlines posted above expectations and saw the Dow go up 500 points. It said because the hurricane in TX missed oil refineries. My first thought was "are you joking?"...are we that reactionary? So this means...what? That oil will remain unaffected and therefor, nothing will change. That folks, is not "Good news" I think there is far too much weight being placed upon the price of oil. Even if oil never went above $100/barrell, we would be in horrific economic times. Oil is not the cause of inflation, the troubled financial sector or the depression that exists in the housing market. The net/net is "lower oil prices can't pull us out of this economic downturn". The inflation we're experiencing is due more to long-term deficit spending, a feeble US dollar & increasing money supply than rising oil prices. I think we need to be more prudent and stop reacting to minor good news as if "It's Over!"....after all, we've barely started this economic down-turn. I don't understand why investors react the way they do to a bit of (temporary) good news and drive the Dow up 500 points. Maybe someone more experienced with Wall Street can help me out.