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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (284548)4/19/2006 5:32:33 PM
From: tejek  Read Replies (1) of 1586220
 
Prices have jumped $10 in less than a month to climb back to the record set after Hurricane Katrina shut refineries, pipelines and offshore production in late August. Insurgent attacks earlier this year in Nigeria and continued fighting in Iraq have left global suppliers straining to meet rising demand.

And we haven't even gotten to hurricane season yet. The months of April and May, and Sept. and Oct. are called 'shoulder months' in the oil industry. Its when production is fairly high and demand is low......no winter heating and no summer cooling. That usually means crude and NG prices stabilize or decline during these months. This year they are going up with oil heading for new highs.

If you need the names of any oil and/or NG stocks, I am heavily invested. <g>
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