JREwing

Energy's Surprise Party

You know, every spring I hear guys, who just can't believe, that the 1990s, when oil was cheaper than dirt, are over. This is a new era. Do have any idea how many cars they put on the road in China, India , Russia, Brazil, Thailand, Vietnam and...and.. Do you think, their cars run on love and air or freakin' rainbows?? And those economies are growin' the hell out of the industrialized countries. Do you even look at the Baltic dry Index. It's up today again, although commodities are down across the board. There is no commodity bubble, there is a Euro/Dollar bubble.

So what if it takes 10-15% of commodities. That doesn't change the supply and demand picture one bit.

Energy's Surprise Party

What's really strange is, is how low inventories in Cushing, OK are.