« America's Debt Wheel Of Fortune | Main | Remedy du Jour -- January 15, 2011 »



Feed You can follow this conversation by subscribing to the comment feed for this post.

Bill Sadler

It has been interesting to see what has been happening with inventories in the US. The normal decline in stock at year end occurred. Last weeks report again showed a decline, but that is still data from 2010.

Wednesdays report will be interesting. The transalaska pipeline has been down or partially down for a week now. They will soon have to start shipping crude to west coast refineries if it does not get back to the 650K bbl/day normal rate. The news said they will have to take it all the way back down to complete repairs.

So just this event should produce another negative inventory report next week. A few more declines will bust your $92.50 prediction.

We shall see.

The comments to this entry are closed.