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Re: JohnCM post# 147

Friday, 12/12/2014 11:11:19 AM

Friday, December 12, 2014 11:11:19 AM

Post# of 41155
Picked some up yesterday under $7...

It seems that the U.S. pundits and politicians will not do anything short term to stabilize oil, not even criticize OPEC.

They are sticking to the script that less money spent in your gas tank equals more consumer spending during the Holiday season, which is true to some extent...

I may step back a bit until the new year...when some U.S. oil producers go under and about 100,000 oil related employees are laid off.

GLTA
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