Jun
2

Oil Prices Falling

Eric Florack on June 2nd, 2008

I’ve been telling you that this oil bubble was about to break and we’d see some movement by midsummer. Well, guess what?

The Times Herald is repoting:

Last week, the price of crude oil futures actually went down, and there

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May
22

Oil Bubble Bursting? Sure Looks That Way

Eric Florack on May 22nd, 2008

I’ve been saying this oil bubble we’re in is about to burst. I said just this morning:

Did you notice the prediction for $12/gallon gas? That’s usually the first sign of a bubble bursting. Just file it away for now.

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May
15

Why Prices are High And Where Oil Ought to be

Eric Florack on May 15th, 2008

By way of Henke, I note:

…it’s Democrat Sen. Amy Klobuchar who says speculation is behind high oil prices, and actually introduces legislation to “curb” speculation.

Our next step should be to stop the speculation that is driving up

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