Wow, that’s some expensive oil

CNBC made a little gaffe this morning. The headline was right, but the text showed the price in British Pounds. I was lucky enough to catch it, and boy did they fix it quickly.

For the record, that price equals around $265 in our currently debased currency. Can you imagine gas at $8+/gallon? You might have to shift the decimal one place to the left in those stock indexes….