Oil Slick Stuff

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I still think we need to get close to $65-67/barrel within the next few months. The sooner the better, then we can get back down to the current range and below. I want a nice clean head and shoulders.
 
fabijo said:
I still think we need to get close to $65-67/barrel within the next few months. The sooner the better, then we can get back down to the current range and below. I want a nice clean head and shoulders.
Click to expand...
Man do you own Oil Stock or something?:D Down is better for the economy and ME!;)
 
Huuuummmmmm?:confused: :o
11/20/2006 - Updated 10:44 AM ET
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No lift for crude from OPEC cut chatterMilitants release hostages in Nigeria; natural gas declines
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</IMG>By Myra P. Saefong, MarketWatch
SAN FRANCISCO (MarketWatch) -- Crude-oil futures came under pressure Monday morning after a siege at an oil facility in Nigeria ended and doubts that the Organization of the Petroleum Exporting Countries will decide to cut production further at its meeting next month resurfaced.
The oil market's extending its decline from Friday, weighed down by an announcement by Italy's Eni SpA [E] that hostages at an oil facility in http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7BF59FFC8A%2DDCAE%2D42E6%2D916B%2D5E2AB3E36A07%7D
 
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What is this a celebration or something? Yeah, let's celebrate not living in California!!:D

Gas Prices Edge Up Ahead of Thanksgiving

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CAMARILLO, Calif. (Nov. 20) - Gas prices are on the rise again, just as Americans hit the highways for Thanksgiving. Gas prices rose about 5 cents per gallon nationwide compared to two weeks ago, industry analyst Trilby Lundberg said Sunday.
The national average for self-serve regular was $2.23 on Nov. 17, according to Lundberg's latest survey of 7,000 gas stations across the country.
http://articles.news.aol.com/business/_a/gas-prices-edge-up-ahead-of/20061120060909990006?cid=2194
 
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Peanuts, I love boiled peanuts, but lately it seems that they don't sell local peanuts here. All I see is the giant (I like the small ones, Spanish) size at about $1.75 a pound. They must be exporting to other parts of the country or other countries? Who else likes pranuts better than a Southener? Crooks!:mad: I'm going to start a Peanut Slick thread!
 
It's Alaska problems again!

Oil gains on Alaska outage

Oil investors will look towards Wednesday's data on US crude stocks for further direction.

November 21 2006: 6:18 AM EST


LONDON (Reuters) -- Oil prices edged 0.3 percent higher on Tuesday after bad weather forced a loading halt at Alaska's main export terminal and analysts forecast falling U.S. fuel stocks ahead of winter.
U.S. crude was up 42 cents at $59.22 a barrel, reversing Monday's 17-cent loss. London Brent crude rose 49 cents to $59.47.
http://money.cnn.com/index.html?cnn=yes
 
11/21/2006 - Updated 1:40 PM ET
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Crude futures near $60 on supply concernsAlaska pipeline delays, falling gasoline supplies lend support
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</IMG>By Myra P. Saefong, MarketWatch
SAN FRANCISCO (MarketWatch) -- Crude-oil futures climbed Tuesday afternoon to trade close to the $60-a-barrel level, bolstered by expectations for a sixth-weekly decline in U.S. supplies of motor gasoline as well as by pipeline delays in Alaska.
Alyeska Pipeline Service Co. has cut the flow in the Trans-Alaska Pipeline to 25% of normal capacity as high winds stymied tanker loadings in Valdez, Alaska, Dow Jones reported.
http://markets.usatoday.com/custom/...S&guid={796E88C1-48D8-42C9-BFA2-F65ED725065F}
 
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nnuut said:
$60 a barrel at 13:58. No Sir, I don't like it!:mad:
http://www.nymex.com/lsco_fut_condet.aspx?product=CL&month=Jan&cmonth=F&year=7&currPrev=C
Click to expand...

Buy USO and you will! However, tomorrow could be another story.


http://finance.yahoo.com/q?s=uso


Talk about a wild ride. UP, DOWN, DOWN, UP, UP... oh boy. When I'm in the G Fund I have been trading oil and gold. Not really making big money because my postion is small and I have to pay trading cost, but having fun. Keeping stops fairly tight and I move in and out often. I have to keep within the rules, No Free-Riding. Still learning, but I'm getting better! Heck, maybe I'll make some money next year.
 
:D
$59.94 a barrel at 07:33.
Oil lower ahead of weekly U.S. energy report

Wednesday's report is expected to show declining levels of heating and transport fuels.

November 22 2006: 6:14 AM EST


LONDON (Reuters) -- Oil eased near $60 on Wednesday following big gains the previous day spurred by disruption of Alaskan crude exports and ahead of U.S. government data expected to show declining stocks of heating and transport fuels.
U.S. light crude for January delivery was trading 23 cents a barrel lower at $59.94 a barrel, while London Brent crude was down 24 cents at $60.15.
http://money.cnn.com/2006/11/22/markets/oil.reut/index.htm?postversion=2006112206
 
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