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Oil prices - Next 2 yrs
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sckansas
Posted 2/1/2010 22:42 (#1053522 - in reply to #1052918)
Subject: RE: Oil prices - Next 2 yrs


eastern south central KS
In my opinion oil will be steady to lower over at least the next 10 months; only caveat is a geopolitical event that could spike things in a hurry. A loose monetary policy when there is no velocity to money and people are hunkered down and scared is not necessarily inflationary in the short term. However, we are in the time frame for seasonal low in Diesel fuel; last week I contracted enough for 6 mon. with a upside cap and will get most of downside partcipation if that's where it goes. JMHO
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