November 30, 2006 | posted by Michael Baxter in IABN |

The weather folk said the US was in for a mild winter, but they are not so positive about the next few weeks.

The US weather centre is expecting a cold snap in early December, and that means the heating will go up.

As a result oil had risen all the way back up to $62.42 by the time we took our daily reading this morning. That’s the highest price we have recorded since the 3rd October.