Monday, April 26, 2010

Big Earthquake in China, tornado in the mid and south. How much will crude oil go up today because of this?

They seem to raise it for everything elseBig Earthquake in China, tornado in the mid and south. How much will crude oil go up today because of this?
Commodity traders are the real reason for the rise in oil futures. I'd like to see the Dept. of Energy set the price at $90 a barrel for 6 months and take sweet crude oil off the boards so that traders can't have an effect on prices for awhile!!!


We really need some stability for 6 months so the market can settle.Big Earthquake in China, tornado in the mid and south. How much will crude oil go up today because of this?
Well remember that China is one of, if not the #1, Oil consumer in the world so that's why the price is jumpy, I hope the war on drinkable water dosen't start soon, that's something to be aware of.
Well, as much as they want i suppose!
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