According to my future son in law who is a
oil trader on Wall Street, last summer
oil was at 130 a barel and he told me they had pushed as much as they could out of the market. he said it was about over and that by labor day you would see 100 a barrel and by this time around 70 or less. the feeling there now is that it wont go much lower once it starts to get cold .the speculators will start back up again. Dont blame him, he was only a traine
until nov 1st.
joeg