Oil gonna crash today?

Discussion in 'Trading' started by stock_trad3r, Jun 16, 2008.

  1. wow this is gonna get ugly

    people jumping ship
     
    #51     Jun 19, 2008
  2. Crude is trading just below $133, you are idiot
     
    #52     Jun 19, 2008
  3. offbyone

    offbyone

    You can't be serious.

    You think a 4 dollar drop in oil is "crapping out". The price of fuel has yet to catch up with the price of oil. Oil could probably drop another 10% and we could still see fuel prices rise. The margins at the pump are extremely thin as are the margins at the refineries, they will have to raise their prices soon in order to stay afloat.
     
    #53     Jun 19, 2008
  4. yay oil for everyone

    lets all dance and hold hands

    all our oil problems have been solved

    no shortages, no demand

    oil back to 40
     
    #54     Jun 19, 2008