Zeev's Turnips Patch-No Politics (ZEEV)

[Bearmove]

>It looks as if Putin and the Saudi are conspiring to unseat our President by doing what they can to bring a panic in the crude markets.<

Another thought, suppose this oil price is a Republican ploy? Suppose this whole thing is being engineeded by the Bush team and the Saudi group. Bush needs to be a hero at something, anything to get his ratings up for the election. If this is the case then we could see oil prices nose dive at some point which will also cause a big market rally. In the mean time, I still say oil is going to $50.