FinancialAdvisor's College Class (FACC)

[AnderL]

Looks like they are about to deplete their current reserves of $30-$40 oil. That means the $40-50 oil will arrive in the market this spring. Should be interesting how high they will run it. Considering investors are making money investing in oil stocks they will soon see those gains depleted as their fixed income get pinched when those higher oil prices translate to higher prices at the tank. There is always 6-9 months of lag from changes in oil prices and the price at the pump.

The scary thing is that oil did not wane much after it broke over $50 the first time. We might get a brief respite in time for next winter but it will start to go back up yet again.