If you were a major company you could try to contact for supplies at a given rate. Typically they wont do absolute bottom, but it would be very low.

You could try shorting futures... if you could find someone willing to loan you theirs.

Or when it hits bottom buy general futures and hold for the rise.

I hope so, we shouldn't have build good relationships with Russia until it is was truly democratic. There are almost as many camps now as during the Stalin era. The end of history? I don't think so.

"Sorry
We cannot find the page you are looking for."
page offline?

http://www.nytimes.com/2014/12/01/world … .html?_r=0

the fun fact is, some of their cheap installations actually might.

If Russia wants expensive oil they need only say Iran is building nukes in a Press Conference, admit their military cannot invade Iran and invite Obama to do it for them.

Boom... Iran oil out of the picture, Obama using tons more fuel, panic in the markets about rogue nukes in the Arabian Penisula, and $120 a barrel oil.

Ok, I will say it...  Currently in my neck of the woods (Michigan)  gas is $2.50.   I understand sheep have been brain washed in to thinking this is low but prior to all the 9-11 stuff which exploded the prices - the price was around $1.00.  The currently price is not low, it is 2-3 times higher than the pre-war normal.  +1 to the oil clowns that now have you foohons thinking that the current price will some how impoverish them.

Second thing to note... ever since the price of gas has dropped below $3 and morons/media have been claiming that it is now 'cheap' - I can't help but to notice there is now more buzz around increasing gas tax.  I haven't heard it on a federal level but here in Michigan its now greatest idea since sliced bread to raise revenue.  I can only facepalm at this.  When did everyone adopt the same mental complicity of Dory from Finding Nemo?

Russia and OPEC decided to base most of their economies on oil. Some need oil at greater than $120 a barrel to meet their budgets. So a number of them are hurting bad. Russia could experience a complete collapse even which would end Putin.

As for our prices... they will go down, just give it time. A lot of oil companies managed to get contracts with refiners at $80 a barrel. When those end we will see a major drop in prices again. I predict $2.00 for a national average by March and $1.80 in August.