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Re: tiesto post# 9244

Thursday, 06/23/2011 11:48:55 AM

Thursday, June 23, 2011 11:48:55 AM

Post# of 17739
I think you are misreading the situation myself. They want oil prices to fall so that the consumers and the business environment can thrive better, so more jobs can be created. They are trying to nuture an ailing economy back on it's feet by giving it low oil prices, cheap money, and more importantly time to get on it's feet.

Oil stock prices have already discounted lower oil prices. Oil stocks can get swept lower by a general market downturn but not so much by lower oil prices.

JMO, JFF7

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