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To: teevee who wrote (149349)4/13/2011 10:39:32 AM
From: ChanceIs2 Recommendations  Read Replies (2) | Respond to of 206104
 
>>>Kuwait 's decision to temporarily suspend crude exports because of sandstorms.<<<

Sandstorms!?!?! That's right up there with, 'Teacher, the dog ate my homework.' I have been watching the patch for 13 years and not heard that one. We have the equivalent here with - retails sales were down on snow, Easter coming late, blah, blah, blah.

With the Fed printing so much money, I can't blame the exporters for wanting to keep up with our inflation. If nothing else, it may have staunched a massive sell-off. One which I had anticipated but for which I had not completely prepared.

Lots of technical damage on the charts the last few days.



To: teevee who wrote (149349)4/13/2011 8:48:27 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 206104
 
Sandstorms?

How does that stop 2.4mb/d production?



To: teevee who wrote (149349)5/5/2011 4:36:04 PM
From: Dennis Roth  Respond to of 206104
 
>> Crude fell sharply on Tuesday (April 12) after Goldman Sachs warned investors that oil prices had already topped its second-quarter forecast and were due for a "substantial pullback" in the near term.<<

Alright, Goldman: Take Your Victory Lap
blogs.wsj.com

Chalk one up for the commodities watchers at squid central.