cdcaddy

Options Trader: Friday Outlook

JRE - try decaf! But you are right...the sour crude that's building up won't get used until the sulphur content in diesel can be increased - so distillates will be a problem until then...AND yes the farm bill is an insane
footnote to our politician's overall stupidity. The only way oil is ever going to come back down is with the global economies of the world using less fossil fuel and more alternative energy - who cares what we do - as the US slows, the BRIC is picking up [although you have to give Brazil a lot of credit for their cane based ethanol program]

Until we get our heads out of our congressional a** we're in for oil prices over $100 a barrel and then some...

PS - the way we getting screwed by our own congess - the American public is that "half a**ed muffin boy"