[SkyPilot]

Its happening too fast. The decreases have not had a chance to make it into the pipeline yet. Large transport companies hedge their purchases at least a quarter or two in advance. That means that big fuel users are STILL paying higher prices because that was their contract. The same with the frackers and what not. They, like farmers, are selling their “crop” in advance. Then they take insurance out in case there is a problem. Those derivatives are going to be the problem.

If oil prices stay low for the next 3-4 months, then what do you see happening to the transport companies, the derivatives, and the markets?

[Vermont Lt]

The bond market is the key. Based on what I am reading...on both the mainstream media and the fringe stuff.

I think the oil issue is the catalyst, but once the derivatives fail it will/could roll downhill from there.

Consider what happen in Switzerland last week. Billions were lost in minutes. That could be the trigger. If that happened in Hong Kong the whole house of cards comes down.

It is all connected.