G. L. Turner

Crack Spreads for the Masses

Another way for the sheeple to get hook by the 'powers of greed'.

All this at the expense of the real hedgers who need the oil futures markets, but can't make heads and tells of it, with the current ignoring of fundmentals by these "long" investment funds.

And, all this adds up to higher energy prices for all, which stymies economic growth as it cripples recoveries...

We need the "financial speculator" to get the hell out of the commodity markets and go play with stocks and bonds, where the fall out is not so damn globally devastating....

$200 Oil: Before Decade's End, Not Year's

Well, Alex G - got it right! - The Shills were the recent culprits...investigati... reports are under to show this...stay tuned...

China's car growth means that their Oil use will equal outs by 2020? That is stretch...but, we are assuming that they will only grow going forward using gas guzzlers and inefficient means of production...let's see, we have 5k 'green engineers' in training in the US and they have 200,000...Hmmm...They are quit a wise group in many ways and with a central government that can dictate policy...they will be able to 'implement' green technologies and energy conservation at stunning rates with significant success...Oil will stay in teh $80 range for two years and move up $10 per every two years, unless the Shills who just bought into the Dubai Oil Exchange are not preventive from doing so and if Iran doesn't burp too strongly..
G