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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (51273)1/29/2015 12:07:01 PM
From: robert b furman  Respond to of 68774
 
Hi Johnny.

Thanks for info.

I'm wondering if cheap gas will boost spring break.

I never had a spring break - mommy and daddy told me to keep my butt in school and work.

If I was to sneak off - driving with some buds would be the approach.

Cheap gas drives demand in my world.

Went duck huniting in Nebraska last of December - going sturgeon spearing in Wisconsin in February.

Driving both trips and enjoying the reduced cost of annual hunting and fishing trips I do.

Although not many think it I think oil will consolidate here at $45-$55.

We the North American countries need to see WTI trade to a premium to brent.

I say tax all imported oil beyond the North American continent -(Canada, US, and Mexico)

When we require an import tax on oil we support the local offshore and shale exploration.

A premium price over brent would support local economy and oil independence.

The cheaper brent gets the bigger our import tax would be - providing support of continued E&P.

Let the jobs continue along with the technology of fracing/ tarsands/off shore.