redbaron

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  • Barron's Banks on $100 Oil
    That link must be too long to copy............go to thestreet.com to see his interview............h... titled it, 'Calling out the oil lies'.
    Jun 22 19:55 pm |Rating: 0 0 |Link to Comment |View article
  • Barron's Banks on $100 Oil
    www.thestreet.com/_yah...
    Jun 22 19:54 pm |Rating: 0 0 |Link to Comment |View article
  • Barron's Banks on $100 Oil
    Cramer had some thoughts on this that I agree with. Here is a link to his video comments in an interview on TheStreet.com:

    www.thestreet.com/_yah...

    His logic says that gasoline consumption has dropped by 1%, while the price of crude has doubled. Wow! That is really some demand destruction.......or words to that effect. A whole 1%, which is essentially nothing. A whole lot of folks are trying to talk the price of oil down, but I think it is just that....talk. In the meantime, new sources are not coming on-line as fast as old sources are drying up. IMHO






    Jun 22 19:54 pm |Rating: 0 0 |Link to Comment |View article

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