InvestorsHub Logo

trade2much

04/09/06 9:58 PM

#42735 RE: david02835 #42733

David: just one problem and the price zooms. For now there is fragile supply and steady demand, any disruption and the price moves on fear. Now we are talking about bombing Iran and even using Limited Nucs there(as reported today).
The Head of Venezula is buddies with the Head of Iran and though Iran is not a big US supplie, our neighbor to the south sure as he.l is. So the price of oil, until supply increases, or demand decreases, is teetering up not down!


jmho