United States Crude International (USCI)

[Drillbit]

Now that is funny! No, oil is up because of 3 things:

1. Supply and Demand. Asia, read China mostly, is growing manufacturing and needs much energy

2. Terrorism and threats that are real IMO to disrupt oil transport via even one supertanker blowing up

3. Saudia Arabia is experiencing decline in production for the 1st time and Russia is acting like they are going to nationalize their production. Venezuela, from which we import much oil, has a government in place that is not pro West.

There are many more reasons but ya'll get my drift. Oil has been very cheap for the US for too long. Watch natural gas climb past $12.00 per MCF soon.