[Fundamentals = supply & demand.]
I'm with Jerry Castellini. Oil is at ~ $125 mainly because of the fundamentals. If it were primarily speculation driven, there would be a larger inventory build up, which we are not seeing.
CNBC: Market Mavens.
Speculations on oil, peak oil theory, energy in general, and the investment implications.
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Blog Archive
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2008
(76)
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May
(18)
- Will the real bubble please stand up?
- Leeb on the oil 'bubble'.
- IEA: Better rethink that Certified Pre-Owned H2.
- Short covering rally?
- Somebody's a little off here.
- Separating the men from the boys.
- Pickens Wants to Move It, Move It to Natural Gas.
- Give me liberty or give me windfall profit taxes.
- Goldman Sachs: Fundamentals.
- Oil price: Speculators or fundamentals?
- Boone Pickens from Milken.
- Bizarro Headline of the Day.
- What's going on with oil?
- For Hillary - Stand Down Margaret.
- Goldman Sachs Gone Wild!
- He's back, too.
- He's back.
- The tide turns, finally.
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May
(18)