tresspass

Hayward and Butler Comment on Speculation in Oil Markets

solidly thought article.

the barrel is fluctuating like google was not too long ago....metaphorical? no....but educational non the less.........we have here a confluence of events leading to who blinks first.the peak oil believers and those who truly believe there is a broad manipulation in this market.

Frankly, I don't know who the hell to believe...really do any of us? We tend to read what is more supportive to our investment mind set. Mine is with the former camp....it is a fact jack that Chindia and the new Middle East are growing and sending out less hydrocarbons to feed their own intentions.

As far as the supply , the real supply of available oil is...I haven't a clue and no one does.