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I don't see it as being that straightforward, nuclear weapons won't be used unless there is a direct nuclear threat to the US. The neighbors of Iran will be mightily displeased with the radiation they suddenly have to deal with, the Saudi's, Kuwait, Israel, etc, etc. I just don't see that...

Hey if talking heads on CNBC can dream of $20 oil, I can have my dream too:D

My strategy for dealing with Iran (in case any of you here are bored US Generals): Form some undercover sectarian groups in Iraq, have them hit some low value uninhabited targets once in a while, using the proper enemy equipment, gain some street cred so to speak. After a few months allow...

Well, perhaps the Commander has standing orders regarding such situations. If he had taken action, we might be watching a full scale war on tv and saying "this was preventable" Perhaps if this occured on Thatcher's watch, such standing orders would not exist (if they do now) and perhaps the...

You might find this site useful in tracking the refinery profitability in California, also has historical data. http://www.energy.ca.gov/gasoline/margins/index.html

I don't believe I drew the similarity between Iran and the Falklands. You are drawing your own conclusions. I simply stated that Thatcher would not stand for this nonsense and would take military action. If you want to debate the tactics of the Falklands, that's fine (I'm not interested) If...

No, I don't see any confusion in my post. I used to be a Briton and I do not believe Thatcher would stand for this.

A few observations; We (the US) do not purchase any oil from Iran. Those that advocate the nuke and pave approach must be wiling to pay $8 a gallon or better at the pump I presume? Joe Consumer won't be too thrilled about that. Iran's oil supply is under question and if the reports of...

Who cares about Nigeria?...You cannot possibly be a close follower of crude to make a statement like that. I guess you missed the death of one of their Presidential candidates that caused a spike today huh? Yep, somebody cares about Nigeria, even if you don't. For some reason you seem to...

I don't know the specific reason, but it's the same reason I didn't like them last year...they did not participate in the run. I do know that they were Cramer's darling last year and that was a good enough warning sign for me. I've heard that they just aren't as productive as their peers and...

So do I understand that to mean the Iran fears have dissipated already? So I can expect to see $60 cl tomorrow? I'll bet we see $68 intraday and settle above $67 I'll have to say that I obviously disagree and that I doubt the nymex guys rely on yahoo for their news feed. Make no...

I'll have to clarify; I'm merely saying that crude was not 'dragged up by gasoline' The only reason the volume on the current rbob contract is low is because it's expiring, the same thing happens every month on all of the futures when expiring. Yes the crack spread is narrowing, but we...

When will the Iran fears dissipate?

Update, looks good if the FDA follows normal protocol of the panel's urgings on a 13-4 vote: DJ UPDATE:FDA Panel Backs Dendreon's Provenge Prostate Drug>DNDN (UPDATES with additional details from panel meeting starting in 2nd paragraph and includes comments from Dendreon's CEO)...

Ok fine, let's dispense with the silliness. Now let's discuss the rbob bringing crude up theory a little more: Notice the rbob futures are in backwardation while the cl futures are in contango. Also notice that tomorrow is expiration day for the current rbob contract which is at $2.1488 as...

Let's see how you do with cvx

So I figured I'd tune in to Fast Money tonight so I could perhaps get an explanation from landis' best bud Eric Bolling. For some reason Bolling said that the shorts were covering and the bulls weren't selling and volume begets volume driving the price up further. Alas no mention of rbob...

I've been waiting on the $66 breakthrough as I think (in my limited non-nymex floor trading mind) it is a key level to pave the way back into the $70's. The false report of hostilities between Iran/US and the resulting $5 spike I think serves as a wake up call to the speculators as to how...

Uhh, think he was referring to you, based on the many times you have gotten into name calling with him in other threads. And to think you get all butt hurt over what I said. I'm still waiting on a contact number, without some type of contact your post makes no sense. Unless....yep, that's...

Figures, you can't back up what you say so you take you your toys and run away.