– No matter how it is sliced or diced, commodities are about real “stuff” that consumers and businesses use. If there is dwindling usage the price has got to go down. The economy is slowing there is no doubt about it.… Read more
The Energy Overview July 13, 2011
Oil rose yesterday in an active market that produced an almost $4.00 range top to bottom. Post-settlement prices fell almost a dollar after Moody’s cut of Ireland’s credit rating to junk status pressured the euro to the benefit of the dollar.… Read more