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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: tom pope who wrote (123402)8/19/2009 11:14:56 AM
From: CommanderCricket1 Recommendation  Read Replies (2) of 206177
 
Tom,

I'm surprised crude isn't higher - really!

We've documented 87 million bbls/day (less 6 million bbls/day for NGL) is max production and this is dropping YOY while the world is starting to grow demand again.

The market is tight and leaves little wiggle room. Plus the $USD will continue to support higher crude prices.

CC
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