[Dog Gone]

I am hard pressed to understand why a fire involving natural gas would affect the price of oil.

Of course, to the layman, gas and gasoline are the same thing. But traders should know better.

[bjs1779]

I am hard pressed to understand why a fire involving natural gas would affect the price of oil.

We must of had a lot of natural gas fires for the past year. Maybe you have the imagination to blame it on something else.

[utherdoul]

From what I can tell the market is so jittery and supplies are so tight that anything going wrong in the system makes people go crazy. It isn’t sustainable and I wonder what the correction is going to look like

[dirtboy]

I am hard pressed to understand why a fire involving natural gas would affect the price of oil.

I was hard-pressed to understand how a refinery explosion at a rather small refinery in West Texas (.4 percent of US output) would cause the price of oil to rise. IMO speculators are driving commodities bonkers.