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Re: RonnieD post# 4032

Friday, 05/12/2006 4:05:57 PM

Friday, May 12, 2006 4:05:57 PM

Post# of 46027
Ron, just heard on Cnbc, Koch securities spokesman. I think Koch. He stated that a report came out today that there would be less demand for energy over the next year, and this has put some selling pressure on the market. He expects this to continue thru next week or the next 30 days.
I've heard all the same rhetoric over and over again. In a week or two they'll be saying something else. Who cares our oil is being produced and sold in Russia. We just may be in a sort of a safe haven. I don't believe the conjectures after all we've been hearing about the pent up demand for oil. Its all noise and manipulation on a big scale. Jim Cramer said once that he would like to bathe in it> ha


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