/biz/ - Business & Finance

"Don't let your money get mad..."

Jerry Jones, a billionaire and owner of the Dallas Cowboys, said that about using money to prove a point.

>>1022792
Here's how to trade oil:

There's about 1.5 million barrels per day more in the market than there is demand.

If 1. 5 mmbpd gets taken out of the market, buy oil.

If more oil comes to market (Iraq, Iran) sell oil.

There. Now you know as much about trading oil as any profitable hedge fund's oil traders.

You're welcome.

Was just watching "Nightly Business Report" with Sue Herrera and she was discussing Saudi financial situations and said something about n "upcoming OPEC meeting" and I'm like "WTF??" and start frantically searching for info an an "upcoming OPEC meeting" and can't find shit abut it and then Sue comes back on and says something like, "I mis spoke about the OPEC meeting...I was referring to the last OPEC meeting..." and it made me think that some other energy person probably sharted like I did when she said that and made the mistake...

I paid $1.69 for regular unleaded gasoline in Ft. Worth, TX, today.

Gasoline producers are worried about net-back pricing being announced on December 4.

So, the sell-off begins. Hang on, /biz/