Oil Futures -- Oil Still at $90

Because I was at school this week, I didn't follow the news as closely and certainly didn't follow the stock market at all, except to hear that the oil companies, based on share price, had a bad week. And then on the crawler yesterday I saw that oil was down $2.00 or something like that. I forget the specifics.

And then this morning, I see with all the "bad news" "we're" still above $90. I remember when folks were excited with $60 oil.

I could make a similar comment regarding initial production (IP) numbers for Bakken wells, but will let it pass.