Oil political moves

After the high level from mid 2006, right now we are witnessing the fall:

• U.S. light crude for February delivery tumbled $2.24 to $50.75 a barrel after touching $50.93, the lowest since May 2005, in earlier New York Mercantile Exchange trading. In London, Brent futures shed 82 cents to $52.30.

We are close to a level of oil price, to support an economy rebound. Or is it this oil price level a prediction of an economic downturn?