Monday, July 6, 2009

OIL SWINGS LOWER TODAY

http://www.nytimes.com/2009/07/06/business/06oil.html?_r=1&hp

Swings in Oil Price Hobble Forecasting

THIS ARTICLE SHOWS UP ON NY TIMES TODAY, AND OIL IS HEADED DOWN, OIL HOARDERS DO NOT LIKE LIGHT SHONE ON THEM. OIL IS SLOWLY BECOMING IRRELEVANT AS CONSUMERS FIND ALTERNATIVES.
LESS TRAVEL, FEWER MILES DRIVEN, DEPRESSED ECONOMY ARE CONTRIBUTING FACTORS.

WHY DOES OIL PRICES SWING, IT IS WORTH A MORE INVESTIGATIVE LOOK.

MILK IS A REGULATED COMMODITY, WHY NOT OIL, WHY IS IT SCARED.

No comments: