Ed Morse is a Republican Idaho State Representative since 2012 representing District 2 in the B seat... (wikipedia)
This behavior was rational, and during this period of volatility and uncertainty, was not unexpected.
In recent years, whenever there has been a crisis in the oil market, it has worked itself out pretty rapidly, and I think chances are this one will too -- probably within 30 days.
The market is becoming very volatile. It will move upward or downward with any other news -- including weather news.