Billy Boy

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    • Sat Aug 16th 10:46 AM | Rating: 0 0
      Commented on:
      Bullish Dollar Rally - Fast Money Recap (8/15/08)
      I think the G8 group which met a month or so ago decided to all support the dollar and they are all doing it. The Europeans wanted a weaked Eurodollar for trade reasons and they got it. I think when the Chinese get past the Olympics and get vehicles on the road and factories running again and we start putting oil in the strategic reserve that oil will again go higher. It is sad to hear people say to not drill in Alaska and offshore USA. I know it is not an immediate help for oil prices, but it is sure stupid not to plan ahead for years down the road. It's to drill in California, Oklahoma, Texas, Louisiana, Mississipi etc, but NOT in Alaska, Be real. Most of you greenies have never even been there !!!
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