Contrarian market commentary and economic postings.
Thursday, August 25, 2005
PEAK OIL?
China demand will continue to grow, tempting energy bulls to deny a fall in prices possible. Correction IMHO is a given.
D
1 comment:
Anonymous
said...
Hi Contrarian Advisor,
I am looking for the peak in the oil market this fall season, maybe early next year at the most. As then I see CL will move down into the $10 level over the next 1/2 decade or so.
NY Merc seats are now at 2.6 million bid, leases at about 20k-22k per month. Only a few have let the seats go, which I think is a great sale here on them.
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1 comment:
Hi Contrarian Advisor,
I am looking for the peak in the oil market this fall season, maybe early next year at the most. As then I see CL will move down into the $10 level over the next 1/2 decade or so.
NY Merc seats are now at 2.6 million bid, leases at about 20k-22k per month. Only a few have let the seats go, which I think is a great sale here on them.
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