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dieselfuel

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dieselfuel

Re: PDC ™ post# 34765

Tuesday, 07/22/2008 4:37:36 PM

Tuesday, July 22, 2008 4:37:36 PM

Post# of 36150
No need to. Just wait til August 1st, 2012 and see where the price of crude sits.

Keep in mind, that just recently, weeks ago, even the Saudis were saying the fair market price of crude was $60/bl.
And that was when crude was trading in the $140's.

BTW, watch the 120 level. Breaking that, and crude could freefall rapidly. $80 could come pretty quickly.

I'm sure there may be a big battle around the 120 area.


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