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They always shoot up overnight in a crisis and then ease back down slowly long after.
So why havent the freaking gas prices gone back down?
They always shoot up overnight in a crisis and then ease back down slowly long after.
Oil should be on its way back to 45/44 soon. If you want to make mad bank in the next 2-3 months park a chunk of change in DWT. Its the 3X Bear side of oil.
The only thing im concerned about is the spread between WTI and Brent. It may cause more US oil to be exported and more than anticipated weekly draw downs on the Wednesday EIA report. It is possible this high oil price may stick around till the spread gets closer together.
they love to make things in store go up and then they also never go back down
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