Well, there goes my pay increase!

** sniffle **

Oil under $68/barrel?

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Living in the US I have CNBC on every Wednesday morning. Why? The energy report is released at 9:30 Iowa time. Today the report said that energy supplies were much higher than expected. The result? The price of oil plummeted.

So let's see... the price of oil in July was $147/barrel. Today it is $68/barrel. And we haven't started all that off-shore drilling!

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I am well aware that admiting I tune in each Wednesday morning to see the energy report raises the level of my geekness.