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some very good points...we have not had a hurricane yet...good point...I guess a key factor is where will Oil price be at when first major hurricane hits...I.E. $140, $130, $120, $110, $100, $90 etc....in order to determin how high it could spike from a major hurricane...great post daddyeaux...

yea..also click here... http://news.yahoo.com/s/nm/20080614/bs_nm/saudi_oil_output_dc_1;_ylt=AuVPTrtJ8MRcTpaamV0716yAsnsA

http://news.yahoo.com/s/ap/20080614/ap_on_bi_ge/saudi_oil_5;_ylt=AiI7lBFT9KfzTowHh_Q0hP6AsnsA if this above really happens...should send Oil prices lower...

great post...the chart experts can chime in...in my opinion the daily chart looks 'tired' and we are heading south...CL could close in the $120's by this coming Fridays end...

cool and great...the DAX and CL

tremendous post...yes, amazing profits available trading the CL...its brother of 'potential' is the DAX

these quotes below..."A review of prospects for the remainder of the year also shows little support for prices to remain at current levels," OPEC said. "That downward revision follows similar moves by the U.S. Energy Department and the International Energy Agency earlier in the week." are...

I think the downside is upon us...do you see it honestly hitting $140.00??...daily chart is looking very weak...comments...

thanks eagle...IncreaseNow

5-Days 134.73 20-Days 130.31 when these moving averages are breached...look for more downside...daily charts are very bearish...again...bearish...see $135.00 as stiff resistance...

confirmed...seeing a serious plunge or drop tomorrow...heading into next monday?

holding under $135 currently...

I think the BEST futures contracts to trade right now are: DAX Crude Oil (CL...large contracts) DJ Euro Stoxx 50 I'll write more soon...what do you think...what to start a discussion... DAX has huge per point value and great range per day: 25E per point ($38.88 USD) 119 point range...

honestly...the DAX and DJ Euro Stoxx are 2 of the best trading contracts out there...please tell me how I could be wrong with this...perhaps the DAX is the BEST and DJ Euro Stoxx is second best and on another note...Crude Oil (large contract) is just as great...go ahead show your support or...

honestly...the DAX and DJ Euro Stoxx are 2 of the best trading contracts out there...please tell me how I could be wrong with this...perhaps the DAX is the BEST and DJ Euro Stoxx is second best and on another note...Crude Oil (large contract) is just as great...go ahead show your support or...

totally agree...great post!

well at least we are still under $135.00 :)

$5,000.00!!!!!!!!!!!!!!!!!!!!!!!!!!

great post jsspmk...keep sharing the insight...I totaly agree with you on this...

from CNN.com read this.."Japan's energy chief launched a meeting of ministers from the world's top industrialized nations Sunday by warning that soaring oil prices could trigger a global recession if they're not checked."