dk_co

Excellent read, thank you.......The analysts I've heard are saying that $144 oil was an anomoly driven by a speculator frenzy, juat as current oil prices are an anomoly of a shortes frenzy and that the fair market value for oil should be between $70-80....

I've always maintained that this crisis was media driven. There were a series of event over the last year but it was the October crash that sent everything over the top. Why was this the catalyst..My guess is that the Media turned a serious event into a catastrophy to influence the U.S election..The Term October Surprise comes to mind.The media is overwhelmingly LIBERAL and they wanted Obama to win. Obama started to trail McCain after the Republican Convention. Well, Democrats win when the economy is bad..As I said the original events were blown out of proportion, once the genie was out of the bottle it snowballed to what we've got now.....

It's going to be interesting to see what effect Obamas trillion dollar spending spree is going to have on the U.S dollar..Dollar goes down..oil goes up...