JREwing

Options Trader: Friday Outlook

Let's see:

- World economy seems to be fine.
- Baltic dry made a new high today (Looks like there is actual demand for
commodities)
- Light sweet crude inventories are low
- No one gives a damn about oranges (other grades), when you trade
apples (light sweet crude)
- A lack of exploration in North America (unlike some folks think, crude
doesn't come out of holding tanks)
- Worldwide distillate inventories are low, demand is high
- Looks like the Condo market in South Florida does not change the
gravitational constant of the universe.
- Even Germany's growth picked up (They are usually the last)
- BRIC nations don't build roads for bicycle traffic

Why would oil not be where it is?

Because some half ass muffin boy of a senator says so?

It is always the same socialist song:

"If it moves, tax it. If it keeps movin', regulate it. If it stops movin' subsidize it".

That is the translation for farm bill.