Econ: tsunami causes dip in demand, oil price slip

I hope the speculators rush for the exits like they did the entrance. I sold a qtr mill of cvx a month ago.
 
How far do you think the speculation will recede? Could we see it fall back below 100? Where is it now? http://www.google.com/finance?client=ob&q=NYSE:OIL

Looks like the market might have already scared the tards into a quick selloff. LOL Turned around an hour later

http://www.commoditycharts.com/futquotes.asp?code=XVSN&section=energies

the above is a good site for keeping fairly up to date with pricing....

Fair value is around $75-80 right now. Given what is going on in the mid east... a drop to $90 would be possible, but not likely further than that unless it settles down over there.
 
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