T/A ETF AND INDEX

[skidstreet]

Crude oil is getting way too expensive in US$ terms. It isn't mentioned very often but along with the subprime derivative crisis I think the high fuel prices of last year had a great deal to do with crashing the economy. The average Joe just can't afford $4.50 gasoline and is in worse shape now than last year. There will be a trigger point where high gas prices cause the consumer to cut spending in other areas. I don't know what that price will be but something has to give here. You can't have increasing job losses and increasing fuel prices and a green shoot economy for long.

http://stockcharts.com/h-sc/ui?s=$WTIC&p=D&yr=0&mn=3&dy=0&id=p53604774709