G. L. Turner

Oil: Remember Iran?

There was a $5 geo-political premium that was in the price at $100...it was stretch/exaggerated/in... by another $5-$7 via the excess video barrell chunks of money in teh futures prices, along with a $20 premium of dollar valuations..that was on top of $65 of production, shipping and taxes...everything above that was Goldman Sachs led false rumor speculation...notice the CFTC has yet to tell us the whole story behind $147 oil??