The post you cut says there is an excess of crude, but the price
increases over the last few months refute that unless the laws of supply
and demand have gone sour. Today's prices may be the lull before the
storm until the full extent of Kartina is known.
"N93332" wrote in message
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"sfb" wrote in message
news:TEFRe.28069$Bc2.4672@trnddc06...
Really not sure who doesn't get it. When demand exceeds supply,
prices go up and the price of crude has been on a skyrocket.
But crude HASN'T skyrocketed. Watching CNBC shows that crude is
currently at 68.85 which isn't THAT much higher than it was last week.
Crude hasn't gone up (much), but the refining it has.
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