Oil Downspike today

Discussion in 'Energy Futures' started by SideShowBob, Jul 31, 2009.

  1. Anyone know what caused it? Or the recovery?
     
  2. Surdo

    Surdo

    Released on 7/31/2009 8:30:00 AM For Q2:09

    Prior Consensus Consensus Range Actual
    Real GDP - Q/Q change - SAAR -5.5 % -0.7 % -2.8 % to 0.7 % -1.0 %
    GDP price index - Q/Q change - SAAR 2.8 % 1.3 % 0.0 % to 2.5 % 0.2 %
     
  3. Dude are you kidding? That was all the GDP report? I thought there must have been some event I missed, like say the discovery of oil in the drinking water in NYC....
     
  4. Surdo

    Surdo

    Well, my guess is as good as your's mate!

    8:30AM release coincided with the downdraft.
     
  5. If it looks like a duck, and quacks like a duck, it's probably a duck. So load your shotgun up with buckshot, then shoot your friend in the face. -Dick Cheney