Oh, What I Wouldn't Give for 10,000 Shares of Exxon
Another day, another blockbuster day for oil prices.
After hitting $100 briefly yesterday, and then retreating, oil prices today hit $100 after less than expected oil inventory figures were reported this morning by the DOT's Energy Information Agency.
Today, the price stuck above the historical mark a little longer, although in the last update I saw, the price had dropped back to $99.05.
And for those of you who are wondering where that magical "record-breaking" number is -- taking inflation into consideration? Most experts use the $102 mark as the level at which the price of oil would then bypass its previous historical all-time high -- ever.