Threatened to mulberry ted the Saudi regime

Texas Tea experienced a perfect storm over the past month, one of the Middle East dominoes fall. Multiplied by 5, which is the worst case, everything suddenly seems an outrageous claim I, crude oil will reach a positive first quarter 0/barrel conservative. On Friday, we are faced with an angry sad AY? Threatened to mulberry ted the Saudi regime, export 12 million barrels a day. Tang self-deception. Now the real price of crude oil is 0/barrel. This is Brent and Louisiana sweet deal, when you adjust the term structure of futures markets. 7 on your screen to see the New York Mercantile Exchange trading delivery in Cushing, Oklahoma, where prices have been driven from Canada and North Dakota was abandoned in the absence of excess crude oil storage market artificially low.
According to the Commodity Futures Trading Commission, the net long 268,000 contracts in crude oil futures market will fill all six times is stored in Cushing. However, Saudi Arabia, Tunisia, Algeria, Egypt, Libya. The latter state was established after the war, built on the beach of the crumbling regime. Saudi Arabia has Mulberry Tillie a lot of time. It is based on a series of inter-tribal marriage between tribes in the early 1920that is still rock solid today. As in the richest countries in the region, Saudihad a lot of money to spread around, we remain loyal. This is why the It is said Fridayevent, in Saudi Arabia to large do not have a long way to go. In fact, I do not think we will get more throughout the Middle East crisis. Libya's civil war seems to have quickly reached a stalemate. The military is actually quite small, Gaddafi tried to minimize their threat of a coup regime. After all, the young colonel thathow I get power in 1968. And no one has any experience on both sides of the battle, or organize any form of military action.
There are other factors to consider. Even from the Strategic Petroleum Reserve, the government seems to consider the release of oil token, the price may be a real killer. This is the price of the last two years how to end the surge in oil prices. The BernankeQE2 6 30, gold, silver, agricultural products, is the oil into the hundreds Mulberry Daria Clutch billions of dollars in the end. The end of the course, all the Die ARD? Assets of the huge cooling inflationary pressures. So I think that oil is a temporary peak. All, or 27% of the oil price increase in the past four weeks have been concerned about fear. Only 1 million barrels a day of global consumption of 1.2% has actually been disrupted, and can easily increase the production of Saudi Arabia, they have generously offered. In the oil industry will tell you, only consider the real supply and demand for oil, the price should be about / barrel. Please note that I am still carrying a card by EAK oiler it? I think it is just a matter of time before we hit 0/barrel, then 0. However, we've covered an awful lot on the ground upside down in a very short period of time, so it is time to rest.