Oil under 41

Poised to head beneath 40.USD/bbl.

The local Arco was @ 1.659 for the cheap stuff.

!

Won’t be surprised if it reaches 1.25 by EOM.

Maybe EOW?

Natural gas, gold and silver futures moving downward too- perhaps that is some small comfort for the half-a-million recently unemployed. But food, ah, well, food will be an entirely different story.

Thanky Hanky Panky and Benron Bukkake! And Clueless Bush for this lovely parting gift! (It will be the gift that gives on taking gifting.)

Of course the end game is hyper-inflation, but oh! what the fuck, I’m ready for a little excitement, aren’t you?


“I think perversely some of the things being done to ease short-term pain are going to create longer-term pain.” -Don Drummond

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: