Monday, April 25, 2011

Joseph Mason: Time for a Cease-Fire in the War on Oil - WSJ.com

Joseph Mason: Time for a Cease-Fire in the War on Oil - WSJ.com

Time for more to tell this story. This is a pretty simple story/solution. The Administration announcement that they are escalating the Gulf permitting process and (one can dream) investigating Anwar development will (within 6 months) send the price of oil down in the anticipation of more supply.. It is the way this market works.

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