I found this while browsing earlier. It's pretty much par for the course on what I was hearing on the news earlier. "Unexpected drop." That's reassuring, especially when it's the industry experts who are saying they're only hypothesize about where oil supply will go from here. I found some other things too, that I'll put up.
Updated: 2:58 p.m. PT May 1, 2007
NEW YORK - Oil prices dropped below $65 a barrel in erratic trading Tuesday as investors made final bets while they awaited the government’s report on oil and gasoline inventories.
There was little news to influence the market, leaving traders to hypothesize whether Wednesday’s report would exacerbate concerns about dwindling gasoline supplies. Last week’s Energy Department report showed an unexpected drop in U.S. gasoline stockpiles and refinery use.
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