I think the markets will ignore oil until gasoline starts going up at the pump. That's what the average guy thinks of when he thinks of oil...
The OPEC basket of crude is a bunch of junk, very little light sweet crude in there. It sells for around $57 and produces less gasoline and...
Yep, it sure is. That's because supply is constrained, and the increased prices haven't destroyed any demand (yet). That means "the economy" will...
Some people should read the weekly petroleum status report before they short. "Total products supplied over the last four-week period has...
Don't you guys know about natural resource depletion and Hubbert's Peak of oil production? Why did you think oil prices have risen at 30-40%...
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