why is oil going CRAZY right now?

Discussion in 'Trading' started by jonbig04, May 9, 2008.

  1. it just hit 125.43
  2. it hit 125.95 last night.
  3. Surdo


    for the same reason it just traded @ $125.60 and back to $125.42!


    We need another oil thread.
  4. emerging markets need oil

    funds bidding it up

    too much demand, not enough supply
  5. wow 126.

    I'm shorting it.

    Just kidding.
  6. O RLY
  7. breaking news:

    a truck carying oil crashed, spilling the oil

  8. haha!

    it has now been discovered that it is necessary to change your car's engine oil every 2,500 miles.
  9. S2007S


    Everytime I hear why oil is up its because of "supply concerns" the sad thing is that I have heard that from 40-50 a barrel all the way up to 100+. Remember the words "ALTERNATIVE ENERGY", I heard those words more around 65-70 oil then I do now with 120+ oil. Seems to me alternative energy is only in fantasy land.
  10. Theonly viable forms of alternative entergy are nuclear and coal. Wind,solar, hydro is too expensive and situational.
    #10     May 9, 2008