"Short Wave Sportfishing" wrote in message
...

Supplies will rise due to decreased demand. Take this past week for
example - crude stocks are at six year highs and gas is at a four year
high - distilates are at normal levels - and every one of them
experienced a increase in price.

It's just not logical, sustainable or in any way makeing economic
sense. And when it doesn't make economic sense, it's a bubble.

Not really a bubble at all.

Say 1 barrel was worth one Kazoo dollar. The USD was worth $75 Kazoo
dollars.

The next day you woke up, the USD devalues by 33%, now takes $100 USD to by
$1 Kazoo. Still, $1 Kazoo per barrel.

That is what is happening for the most part. It isn't oil that is nuts, it
is the value, or lack of value in the currency. Hard to hear, but is what
is happening.

Look to monetary policy by the US Fed and congress. If I was a US citizen,
I wouldn't vote for my congress person.