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Re: Stacey_J post# 1153

Thursday, 01/28/2010 10:10:53 AM

Thursday, January 28, 2010 10:10:53 AM

Post# of 35802
what everyone has to understand is that from what I have come to learn is that this oil that has been stock piled is only the beginning of the steady flow of oil they will have coming in now that they have the facilities to store slop oil from their customers. These 50,000 barrels (and they did say OVER 50,000) is just the beginning. Expect to hear more news in contracts in collecting more slop oil to process. And yes.. today oil is at about $74 today. One can expect fluctuations in oil prices but also expect much higher prices than $74 a barrel as well.

Remember when we saw $120 a barrel? Anyone think its going to be there again someday??