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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: bond_bubble who wrote (58519)4/17/2006 9:04:47 PM
From: ild  Read Replies (2) of 110194
 
<<< If the speculation was say 1%, that translates to about 1 mbpd>>>

What you are saying is that some speculators hoard 1 mbpd of oil. I don't think this is the case.

BB, frankly $70 oil puzzles me. My take is that there is not enough supply.
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