Loup-Garou

Why Is Oil Creeping Back Up?

Just a guess, but it is conceivable there are some Sovereign Wealth Funds doing all they can to drive up oil prices.This includes taling large positions in futures markets.

In the middle east, social unrest comes when the government can no longer pay for services wanted by citizens. (applies domestically also).

Considering the declared policies of this administration and Congress, there is a huge risk in owning any U.S. based oil stock. Payback and punitive measures are now policy in the U.S. For risk aversive folks (moi) companies outside U.S. look more attractive.