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To: thackney

It’s all a bit of a dip and much ado about nothing. Strip prices tell me that the people actually betting money think it will be somewhere north of $70, probably $80 for 2015.


57 posted on 12/01/2014 10:10:38 AM PST by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
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To: TheThirdRuffian
Strip prices tell me that the people actually betting money think it will be somewhere north of $70, probably $80 for 2015.

Current average betting is $69~70. But I do suspect it will rise in the next few weeks.

http://online.wsj.com/mdc/public/page/2_3028.html?category=Energy&subcategory=Petroleum&contract=Crude%2520Light%2520Oil%2520Comp.%2520-%2520NYMEX&catandsubcat=Energy%7CPetroleum&contractset=Crude%2520Light%2520Oil%2520Comp.%2520-%2520NYMEX

58 posted on 12/01/2014 10:14:08 AM PST by thackney (life is fragile, handle with prayer.)
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