The oil that is selling on the market is on oil FUTURES. Typically, the delivery is for 3 or 4 months from now.
Remember the good ol' days when the price of futures going up meant prices would be going up in the future and had little or no effect on the spot market?
87 posted on 04/26/2006 7:31:14 PM PDT by Between the Lines
(Be careful how you live your life, it may be the only gospel anyone reads.)