View Full Version : Hooray for oil.....
outsider
08-07-2006, 05:16 PM
http://edition.cnn.com/2006/US/08/06/oilfield.shutdown.ap/index.html
That's not good.
cursed74
08-07-2006, 05:59 PM
"The U.S. market is actually well-supplied; crude inventories are very high," he said. "So while this won't have any immediate impact on U.S. supplies, the market is in very high anxiety. So any significant disruption, traders will take that into account, even though there is no threat of a supply shortage."
this quote is everything that is wrong with the futures market
Darth LOL
08-07-2006, 08:03 PM
Boo to the delusional fucks who think this stuff will never run out. Kind of ironic that this news comes out the day after I start reading S.M. Stirling's Dies the Fire (http://www.sfreviews.net/diesthefire.html).
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