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To: SAJ
Why? Libyan crude is a proxy for Brent, which is now trading some $22/bbl over West Texas.

I wish this was true. If it were I would retire by 1200 tomorrow. I think I have detected a case of cranial rectal inversion that is complicated by mega colon distenstition due to inability to void.

80 posted on 08/21/2011 9:10:23 PM PDT by cpdiii (Deckhand, Roughneck, Mud Man, Geologist, Pilot, Pharmacist. THE CONSTITUTION IS WORTH DYING FOR!)
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To: cpdiii
Sorry, I've no idea of what you're discussing. Current prices, front-month as of 15 minutes ago, in the energy sector are:

Crude Oil WTI 	Oct 11 	-0.36 	82.05 	82.27 	83.35 	81.57 	00:17
Heating Oil 	Sep 11 	-0.0411 	2.8634 	2.9055 	2.9140 	2.8634 	00:17
Gasoline RBOB 	Sep 11 	-0.0518 	2.7894 	2.8550 	2.8560 	2.7862 	00:12'
Natural Gas 	Sep 11 	-0.056 	3.884 	3.893 	3.897 	3.879 	00:07
Crude Oil Brent	Oct 11 	-2.53 	106.09 	106.89 	108.67 	106.01 	00:17

What's not "true"? The markets are already recognising this development. If anyone except total jihadi bozos take over Libya, 1) Libyan crude will be lifted again w/in a month, or less, the facilities have not been damaged except incidentally, and 2) Brent will take a hit relative to WTI, likely for some time and some considerable number of dollars per barrel.

Not precisely nuclear physics, here, eh?

Good trading to you!

83 posted on 08/21/2011 9:47:43 PM PDT by SAJ (What is the next tagline some overweening mod will censor?)
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