Archive for November 21st, 2006

Energy Update Nov 21

by Christian

Energy prices are here, there and everywhere. Oil was trading at around 55, then went to 59, USD, March 07 futures are trading at 61 USD, and May 07 Futures are trading at 69 USD. Between now and May oil would have to increase 25%, which is a hefty premium.

A reader of my previous energy update said what I was thinking:

Continue Reading 1 comment Tuesday, Nov. 21, 2006 by Christian
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