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To: The Prophet who wrote (14977)9/24/2000 8:20:06 AM
From: orkrious  Read Replies (2) | Respond to of 60323
 
Wrong. We should see oil below $27 by xmas. It's all about screwing the shorts (or in this case the oil longs, who usually are market shorts).

Prophet, the price of raw crude is going to come down as supply increases. That's not the issue. With refining capacity fully utilized, please tell me how the cost of gas or home heating oil is going to fall unless demand wanes.

Jay