The stock market DID take a huge plunge -- closing at its lowest in two years -- and it was even lower earlier -- plunging afer GWB's pep talk on the economy this morning.
Here's the reason for the drop in oil prices (and it was dollars -- not a few cents...)
Just about as accurate as your explanation of the fist bump....But crude oil abruptly fell under $138 a barrel on worries that a slowing U.S. economy would sharply curtail demand for gasoline. A similar concern was raised in a new forecast from the Organization of Petroleum Exporting Countries.
I see you are signing your post with a new name!