Just a Half Hour later Oil prices fall

You really can tell that some of the high oil prices are bubble related because the prices fell so quickly.

October-dated crude oil futures on the New York Mercantile Exchange fell $1.90 to $67.57 a barrel and unleaded gasoline futures tumbled 22.5 cents to $2.18 a gallon, its first drop in five consecutive sessions.

Thank your IAE it would be pretty cool if you chased some of these speculators out of this market. Only time will tell though if this pullback was just profit taking or if it does pull some wind out of the sails of Oil prices. I have a feeling it was just profit taking based on the IAE move and nothing permanent.