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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (281088)3/22/2006 1:38:16 AM
From: tejek  Read Replies (1) of 1578126
 
re: Oil plummets more than $2
Crude plunges over $2 a barrel, sinking ahead of change from April to May futures contract.

No, its really the time of the year. We are fast approaching what's called the 'shoulder months' where crude and NG demand lessens until the summer driving and cooling season. Essentially, that means crudes goes up, then down, then up again......but ultimately moving sideways as shown by the chart below:

quotes.ino.com
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