The Black Box

[dieselfuel]

"If we have a pullback in mining stocks and oil..."

I wouldn't expect a pullback in crude this week. Isreal is hinting that they'r egoing to strike Iran's nuclear projects.

http://apnews.myway.com/article/20060122/D8F9EEN00.html

This report is only go to encourage the traders in Chicago to run up the price of crude.

Never mind that inventories are building month over month, and a record amount of crude is being produced. And there is no oil "shortage". And that we have plenty of oil in this country that will really un-stabilize the price of crude if we can get it to market.

No, just disregard all that and keep running up the price of oil.

(Just remember, when the world economies decline within the next 5 or 6 years, we'll see the pricing of crude go to the extreme in the opposite direction. That's they only bright spot.)