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To: ajtj99 who wrote (193316)3/25/2009 5:10:03 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
>>There are seasonal factors there that typically cause a low for crude in March and a rise into mid-summer.<<

Not to mention the recent crash of the dollar......and China buying every drop it can get its hands on.

Playing recession by shorting oil will not work out well this time around, mainly due to depletion and "forced buying" from China.



To: ajtj99 who wrote (193316)3/25/2009 5:35:20 PM
From: GalirayoRespond to of 306849
 
I'm really happy that you said ... >>typically cause<<



To: ajtj99 who wrote (193316)4/1/2009 4:52:00 PM
From: GalirayoRead Replies (1) | Respond to of 306849
 
We had Yet Another Build In the Slippery Black Lubricating Crude today and a Build in Gasoline Reserves along with Weaker than Expected Demand .. and Lower Refinery Utilization Numbers.

What Say Ye Now Sir Aj ??

Message 25522752 down

I think I heard something about Honda offering employee buy outs .. and F closing it's F-150 Plant for 3 Weeks.