insideoil

How Much Worse Can It Get For Oil?

You all loved it when it went your way - all ups and no risk. Bitching is not going to solve the present mess - only concerted action to get demand down and supply up, and will get the present fuel price to level out (assuming the $ stays constant). To the extent that none of the easy solutions are still available - sorry - you are going to wind up paying the price. Now please someone tell me the investment strategy that allows me just to hold value - never mind lose my shirt !!!
Oh - and by the way - just watch out for that Iran war thing. Ever since time began it is the big wild card that really makes the difference. Hezbollah making coup in Lebanon is just getting a bit too close to absolute mayhem for financial comfort.