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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (18155)8/31/2009 3:12:59 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Re: "Then how come crude oil is down 3 bucks today?"

That's easy: standard profit-taking (after a big run up) and reports of a possible slow-down in demand from China.

ALL OF WHICH (day-to-day price actions) has absolutely *nothing* to do with the very long-term, multi-decade, fundamental supply/demand factors for the commodity.