Friday, December 02, 2016

Oil For A Breather?

Lofty Oil

By -

Howdy from Georgetown, the charming college town near D.C. The weather is perfect here, and one of my beloved children is with me as we soak in the ambience. (I even got recognized on the street by a chap walking his beautiful dog, Lola.)

In between the soaking, though, there is, of course, trading. Crude oil continues to explode higher. Why did this headline not shock me?
I am nibbling on energy stocks once more, though. I think this OPEC-gasm is about over.