U.S. Financial Breaking Point Soon???

Looks like there are a couple good reasons for oil to go back up:

Tensions surrounding Iran increase once again:

Iran given two-week deadline to end the nuclear impasse

http://www.guardian.co.uk/world/2008/jul/20/iran.nuclear


There's a tropical storm brewing:

Predicted to strengthen as it reaches the gulf according to weather.com report.

http://www.weather.com/maps/maptype/satelliteworld/caribbeansatellite_large.html

Depending on the rhetoric and storm intensity I could see a retest of the highs in the next week.
 
Quote from xcalaktrader:

Looks like there are a couple good reasons for oil to go back up:

Tensions surrounding Iran increase once again:

Iran given two-week deadline to end the nuclear impasse

http://www.guardian.co.uk/world/2008/jul/20/iran.nuclear


Looks like there's a storm a brew:

Predicted to strengthen as it reaches the gulf according to weather.com report.

http://www.weather.com/maps/maptype/satelliteworld/caribbeansatellite_large.html
More...

WINNER!!!!

You can also add dollar falling again to your list.
 
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