I predict oil will fall due to the 2 Iran hoaxes being debunked...
and this move will cause the markets to rise.
Futures shot UP on the news. It baffles me.
Can you imagine what the oil speculators had to pay to get the Iranian military to pull of that stunt?
RE OIL PRICE:
tropical system getting organized in the mid Atlantic, conditions very favorable for development..some long range models and current upper air pattern suggest that it will move into the carribean then maybe the into the gulf
I predict oil will continue to rise as long as it’s a monopoly and we stubbornly refuse to give it a competitor.