Tuesday, September 9, 2008

Bubbilin' Crude

What are my intelligent and wonderful readers thoughts on the future price of oil? It's at $102.09 right now with Hurricance Ike looming and production in the gulf already being shut down to prepare for this storm. So, can we safely say now that oil is heading down? Have the speculative traders finally left this commodity? Have they left all commodities for that matter, has anyone looked at where most commodity stocks are at right now. For instance: MOS at $78, X at $95, MON at $100, BTU at $46, and so on. Are we going down just becuase the speculators are on the sidelines? What are your thoughts? Keep making Sense...

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