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TFC Commodity Trading Forum

Re: May Crude/Continues to look bearish/Limitup

Lee:

What I meant was RBOB Gasoline following Natural Gas. Demand RBOB Gasoline (gasoline for are cars) has not been this low since 2001. Natural Gas will not being go up for a long time...if ever. That market is in the mist of collapsing....because of a new extraction process called fracking. Fracking is also causing a glut of crude on US shores. World demand and world supply is taking over US prices. Here in the US we have large supply of crude and demand is weak....but th politicians would have us believe that we are short (no pun intended) on crude.