RE: RE: RE: bottom?This is funny to me sorry no offense meant:
"What could end oil's decline is the US announcing QE3."
So is everyone in China going to stop driving all the sudden? For that matter the US oil demand has not declined that much for as high as prices have been. The fact is that 85% of the US workforce still has to drive to work.....I am no expert by any means but this noise is to panic people into selling energy stocks....How can the world back off of oil? There is a reason why all oils in the world market (except heavy sour oil) are much higher than WTI, I call it demand. But what do I know, as I have been wrong more than right. GLTA