To: thackney
"The disruption in Nigeria with Royal Dutch Shell is serious," said Victor Shum, an energy analyst with Purvin & Gertz in Singapore.
Kyodo News agency said there were no injuries, but the rocket punctured a tank, spilling hundreds of gallons of fuel. And THAT makes crude go up 3-4 bucks??? A lousy couple of hundred gallons of gas?
11 posted on
04/22/2008 6:13:53 AM PDT by
TLI
( ITINERIS IMPENDEO VALHALLA)
To: TLI
"This is not anything new and it will not help ease oil prices," said Ehsan ul-Haq, head of research at JBC Energy in Vienna, Austria. "The oil futures market is very strong, but the physical markets are not so strong."
The above is an interesting quote. Notice he mentions how strong the "futures" market is...speculation...but admits the physical market (actual purchases) isn't that good.
Hmmm.
12 posted on
04/22/2008 6:24:34 AM PDT by
stylin_geek
(Liberalism: comparable to a chicken with its head cut off, but with more spastic motions)
To: TLI
And THAT makes crude go up 3-4 bucks??? A lousy couple of hundred gallons of gas? Think of it as "Super-delegate" gas.
17 posted on
04/22/2008 7:45:15 AM PDT by
LTCJ
(God Save the Constitution)
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