Great Title to an article this morning on AP

Oil moves above $75 amid improving economic mood

Great Title for an article from AP this morning, that is the only thing that should be up Mr. Hatton, there is absolutely nothing else going on(key word is Mood), unemployment is increasing, taxes are increasing, and all the bailout money is being spent by the people less qualified to allocate it, like little "Timmie Geithner."
Lets ask those added to the unemployment line last week, how the oil price increase will affect their job landscape during the next six months?????

XOXO

RC
052810

Let everyone review the latest Oil Import data!!!!!

Enclosed find the latest total on oil imports, from the last week of April, to the first week in May. Including BP's huge gaffe.

I say its a powerful argument for $50.00 a barrel. Check out this link.

Gasoline prices increasing, notwithstanding actual demand .

As per the latest oil import report dated 03-26-2010, there is absolutely no reason to be paying such high prices at the pump.
This is another data manipulation scheme that unfortunately is not supported by the demand. Please refer yourselves to the link below to ascertain we have not reached import levels back to 2nd week of February.
link

XOXO

rc 040110

Via Progress Michigan

Via Progress Michigan

Via Business Insider

Thank you Clusterstock. It would be interesting to see a map of bank properties that they deem worthy enough to foreclose on.

Those in favor of Mr. Feldstein's - Warning " EURO EXPERIMENT IS DONE" , SAY I

Harvard’s Feldstein Says Greece Shows Euro ‘Isn’t Working’ Share Business ExchangeTwitterFacebook| Email | Print | A A A
By Simon Kennedy and Thomas R. Keene

Feb. 12 (Bloomberg) -- Harvard University Professor Martin Feldstein, who warned in 1997 that European monetary union would spark greater political conflict, said Greece’s fiscal woes expose the fault lines of the single currency project.

A day after EU leaders promised “determined and coordinated action” to help Greece control its budget deficit, Feldstein said the weakness of having a single monetary policy and different fiscal policies is being revealed.

“It isn’t working,” Feldstein, 70, said today in an interview on Bloomberg Radio. “In Europe, they have a single monetary policy and yet every country can set its own fiscal and tax policy.”

Feldstein said European governments will have to find a new way to ensure budget deficits don’t get out of control.

“There’s too much incentive for countries to run up big deficits as there’s no feedback until a crisis,” he said.

While the European Central Bank sets interest rates for the region’s 16 economies, the practice until now has been that each country has to steer its economy and can set its own tax and spending policies.

In his 1997 article, Feldstein wrote that while it’s impossible to predict whether political clashes will lead to war, “it is too real a possibility to ignore in weighing the potential effects” of monetary and political union.

To contact the reporter on this story: Simon Kennedy in Brussels at skennedy4@bloomberg.net

XOXO

RC

Dear Mr. Gorenstein- another friendly reminder OIL needs to stay below $70.00 /barrel

ITS the 30th ,and we are almost at 73.00/barrel; we need this to hit
$69.00 genius; who is the expert now huhhhh......
Oil stays near $78 on demand doubts, weaker dollar
Oil stays near $78 in Europe as traders weigh doubts about global demand against weaker dollar

Just a little reminder in case you want to send prices to 90.00,
anytime in the foreseable future.

XOXO

RC -011810
re post -- 01/30/10

Do we need to educate everyone as to the way OIL demand works- From DEC -01 thru end of year Demand has remained constant, or Decreased

Maybe Mr. Peter Gorenstein author
OF-(Yahoo article 010510 at 2:31 PM
- on prices of oil going to 90.00).
Should stay away from the same punch, that made
Bernanke spend all our tax dollars.

SEE FACTS AT -
import data from US Energy Information administration

http://tonto.eia.doe.gov/dnav/pet/pet_move_wkly_dc_NUS-Z00_mbblpd_w.htm

XOXO
RC 010510