But he thinks corn is overbought… (okay, I made that last part up…)
Obama is outlining all the magical ways that the US will reduce its dependency on foreign oil but crude prices ain’t buying it…They are up sharply since he began his speech, by about a buck. Looks like we could be … Continue reading
Latest from AEP at The Telegraph.
That’s a good idea…eat the seed corn because dinner is delayed a half-hour…morons. UPDATE: Sen Schumer also wants to use the petroleum reserve to cap gasoline prices.
Up 200,000 bps from January Lowers 2011 oil demand growth forecast slightly by 10,000 bpd to 1.44 mln bpd OECD oil stocks rose to 58.2 days of forward demand cover in January from 57.4 days in December Maintains 2011 forecast … Continue reading
Gee, I wonder why?