Oil Sands and Related Stocks Message Board

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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: Proud Deplorable who wrote (11174)	7/8/2006 8:38:29 AM
From: critical_mass	Read Replies (1) of 25575

re: Demand Destruction Katrina made landfall as a CAT 4 hurricane on 29 August. Levee was breached sometime during 28-29 August. thinkprogress.org Oil made a relative peak on 30 August at $70.85 and then immediately marched downward $5. stockcharts.com This is fairly counterintuitive. Predicting the timing or cause of demand destruction does not seem straightforward.

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