[There are] just too many uncertainties to expect these prices to back off by much, ... very shortly. |
Gold is exploding, and silver isn't far behind. |
I am excited to be able to congratulate the men and women who have worked hard over this past year and demonstrated the outstanding work that Greeks do at Penn State. We are hopeful that these chapters will be pioneers and role models as we move forward with our ambitious plans for enhancing the Greek experience at Penn State. |
Individuals are always looking for a new, hot commodity, and weather futures are just that. |
It's a worldwide flight-to-quality instrument. |
Key resistance was broken overnight and, as we have been building support and healthy consolidation over the last week or so, now we have a firm base to move higher. |
Look at that, ... It's amazing how it works. |
Nigeria is the major driver behind the price rise. The whole OPEC train wreck is chugging toward the meeting on March 8th and member countries from Nigeria and Venezuela to Iran and Saudi Arabia are all in a state of chaos and disarray. Not to mention the fact that they all have some gripe with the U.S. |
Now the game is afoot -- the U.N. has the ball and Iran is more defiant than ever. |
Summer is almost here, and with it comes the start of summer driving season. All across the nation consumption of fuel increases in all forms. Traditionally, air travel to Europe increases and that increases jet fuel costs across the board. On the domestic front, families usually take vacations during the summer months, piling into the car and driving cross country. And outdoor recreation adds to the demand. |
The attack could be devastating to the remaining tattered relations between the Middle East and the United States. |
The attacks in Nigeria on a pipeline, and the kidnapping of oil workers is nothing new for that region. |
The debate over should oil be at $60 or $80 is like a debate over rearranging the deck chairs on the Titanic. |
The disruption in general seems to have reminded the refineries of their vulnerability and the power of Mother Nature. Gasoline production is destined to be affected, and at the end of the day, the production impact for natural gas and oil will be significant. |
The fear factor related to Iran is real, and an attack of some type is likely imminent from the Bush administration. |