More Oil Please!

Okay.  So my $95 price was a little below the actual.  BUT…My question is, why is something that has no connection with the U.S. affecting the U.S. market?  SPECULATION!!!  Remember, that’s the same reason oil skyrocketed three years ago.  Just stay calm.  Prices seem to be steading a bit.

If you decided to sell because of my whole $95 debacle, then I hope you sold oil when the price went over $100.  Remember, the prices are liquid; Just because my price was $95, it doesn’t mean that it was the markets price.  Again, don’t panic.  Good luck. 

Oil Upswing

I hope everyone jumped on the price of oil last week because, as you can tell, the front month fell close to $85.00 and the price of oil this week has shot up, drastically.  Now’s a time to watch the market closely.  There are still storms and extreme weather in the Northeast.  Remember, 2 to 1 is your best friend.