You don't think they will wait until oil inventory levels come up off their 18 month lows first? Or do you think they would just take a chance that it will be a short war, or won't affect oil shipments? Winter heating season is just getting started. Just ask Max. Max, how cold was it last night? It's starting to get down into the 60's here in GA. I usually don't turn the heat on until almost Thanksgiving.
Does anybody know what 18 month lows mean as far as this winter? If we have a normal winter, is that enough or are we short and that will cause oil prices to stay high, or go higher?