Talk about being wrong
We’re still wrong, even wronger than yesterday. WSJ:
Crude futures were up $8.13 at $135.92 in recent trading in New York. The commodity is poised to set an all-time closing high and could break another record set Thursday, when futures soared $5.49, the biggest single-day dollar increase in the 25-year history of trading on the New York Mercantile Exchange.
Surely a $14 increase in oil prices in two days is based soundly on the fundamentals of supply and demand. Nothing to see here, folks. Move along now.
June 6th, 2008 at 11:25 pm
$150 by July 4th! If the dhimmierats are bound and determined not to use oil; natural gas; coal; or nuclear power what do you expect. I love it I invested in oil firms five years ago and have a fou fold profit. I expect this to double again in a year. I love tree huggers.
The American people are saps. If they weren’t they’d throw out these Luddites.