RV Fuel Issues & Prices - Post 'Em Here!
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Forum Discussion
Business Week Article
U.S. oil company executives told the Senate Judiciary Committee that oil prices whould be between $35 and $90 a barrel if they were based on production costs and supply and demand
"Performance-chasing financial inflows to commodities cause prices to rise, thus delivering good performance, and attracting even more inflows," Lehman Brothers (LEH) analyst Edward Morse wrote in a May 16 report, Is It a Bubble?
"We used to ignore inventory reports, but now they're a matter of life and death," Beutel says. "Now anything can move prices. I'm convinced that if my lawnmower leaked a few drops of oil it would generate buying."
U.S. oil company executives told the Senate Judiciary Committee that oil prices whould be between $35 and $90 a barrel if they were based on production costs and supply and demand
"Performance-chasing financial inflows to commodities cause prices to rise, thus delivering good performance, and attracting even more inflows," Lehman Brothers (LEH) analyst Edward Morse wrote in a May 16 report, Is It a Bubble?
"We used to ignore inventory reports, but now they're a matter of life and death," Beutel says. "Now anything can move prices. I'm convinced that if my lawnmower leaked a few drops of oil it would generate buying."
