NYMEX Crude Oil (Light) ........................121.20 5.64
NYMEX NYH RBOB Gasoline (Globex) ...... 3.0421 .1318
Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!
SELL SELL SELL
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Russia's oil output, including gas condensate, grew 2.2% in January-November 2005 year-on-year to 429 million metric tons, the Russian Economic Development and Trade Ministry said on its Web site Monday. Oil output is expected to reach about 470 million metric tons in 2005, the ministry said. Oil companies LUKoil, Surgutneftegaz, TNK-BP and Slavneft and natural gas monopoly Gazprom kept the oil output growth rates above the country's average in January-November 2005, the ministry said. 
