The result of high oil prices.
Friday, May 30th, 2008This is why we need to maintain high oil prices: Spur on the little guy to find more, and spur further development with alternative energy.
Is it time to short crude?
Friday, November 23rd, 2007There are very few people out there that can seem to justify the near $100 price tag on crude oil. The fundamentals based on supply and demand support levels much lower than $100, leading one to believe that the additional premium on black tea is built on speculation, which tends to be the most volatile trait of a commodity.
So one has to wonder, is it time to short crude?
The next question you might ask, is if so, how? The traditional way to trade oil is through a futures account, which tends to be an expensive endeavor just to set up …
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