Get ready for crude over 100 by next year. After these financial terrorist hedge funds manage to shut down US oil production, just watch where crude goes. Obama and Yellen the fool are sleet at the switch and so is SEC.
this is all about it. In the process US is losing jobs in oil industry, people are losing money in oil stocks and big oil is refusing to pass the benefits of the cheap oil to consumers (see what we are paying on the pump in California, the cheapest I could find today was 3.50/gal).
Hence all you see everywhere doom and gloom. It appears we are at the bottom and they may start to cover. Once they are all covered, you will see how they start to spin the same bad news as good news. I
Yes, in six months mileage improved so much that we only need half of the oil that we used to need six month ago.
lower than when crude was 50. Why?
to a wall and saying "damn it i should have bought when CHK was 12". CHK will be trading in high 20s.
what is going on.
consistently. Wall street crooks such as GS have shorted oil stocks heavily. Hence they are trying to manipulate big time. Once they are covered, they will manipulate in the other direction. The power of GS is undeniable.