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Do a search for "Off Shore Drilling" in the topics. Kristov has several posts explaining the cost/benefit of certain types of drilling. It's not worth doing until oil hits 100 a barrel. Oil remains effected by economic influences that drive the commodity markets.
quote:Originally posted by IAMAHUSKER
Fixed it for you.
"Oil remains effected by economicspeculative influences that drive the commodity markets".
And the brokers speculate on what? That's right, the economic data released monthly. Several of the regulations that were removed prior to oils run up were instituted, so not everyone and their dog can just "buy" oil now.
Comments
"Oil remains effected by economicspeculative influences that drive the commodity markets".
Fixed it for you.
"Oil remains effected by economicspeculative influences that drive the commodity markets".
And the brokers speculate on what? That's right, the economic data released monthly. Several of the regulations that were removed prior to oils run up were instituted, so not everyone and their dog can just "buy" oil now.