ES Journal Archive (2009 - 2010)

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Quote from [Proximo]:

Looking for oil to hit 40-45 in the next 3-6 weeks.

That seems to be a pretty dramatic drop:eek: Why? Summer driving season and even tho trips are shorter gas is lower than last year so I would imagine there may be a pick up in demand?
 
Quote from RichardRimes:

That seems to be a pretty dramatic drop:eek: Why? Summer driving season and even tho trips are shorter gas is lower than last year so I would imagine there may be a pick up in demand?

Crude has a nice base and a rounding bottom, look pretty stable to me.
 

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