Jet fuel piling up like crazy

Discussion in 'Commodity Futures' started by silk, May 21, 2008.

  1. silk


    Time for the energy traders to start speculating the other way.

    AMR cutting flights 11%. That is more than 9/11 that sent crude down to $14.

    Today's airline news should of taken $3 to $5 off the price of crude.

    Are we in silly season?
  2. Perhaps the traders are thinking that while the US goes down the drain of tax and spend China and perhaps even India will continue to increase their use of fuel products.