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Pastimes : NNBM - SI Branch -- Ignore unavailable to you. Want to Upgrade?


To: abuelita who wrote (80876)4/12/2011 2:33:21 AM
From: Wharf Rat  Read Replies (1) | Respond to of 104145
 
Thanks. If it hits $25, I'll get 3 rolls. If it never drops again, oh well. Cash is nice.

"it'll take your mind off the price of gas "
Off the price, but never off the world supply. I think we're gonna crash again July-Sept, prolly closer to July, barring unforeseen black cygnets like Katrina or Saudi riots. Prices are running ahead of '08. We've already had twin cygnets. The Libya thing took like 4% off world exports. Japan will need lots more, too.
US is still using about 1.8M BPD below our peak, and gas consumption has now fallen 5 weeks in a row.

Now I'm gonna crash.

Good night