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Post# of 704047
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gigem77

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gigem77

Re: federal reserves post# 493397

Thursday, 08/17/2006 7:37:46 AM

Thursday, August 17, 2006 7:37:46 AM

Post# of 704047
Oil may be declining on speculation that Iran will take the deal soon. The September contract terminates trading on the same day (Tuesday the 22nd) that Iran said they would announce their response to the "deal" to stop enriching uranium. The economy is still growing demand for energy as evidenced by the weekly data from the EIA.
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