Giant vampire squid gives oil prices a lift!

[Joanne98]

Crude Rises Despite Weak Jobs Report


But the services sector got a lift after a series of upgrades from analysts at Goldman Sachs(GS Quote). The Philadelphia Oil Service Sector rose 1.9%, with components Halliburton(HAL Quote) and Nabors Industries(NBR Quote) adding 5.1% and 2.7% on the ratings boosts. Helmerich & Payne(HP Quote), which was also upgraded at Goldman from sell to neutral, improved 3.6%.

http://www.thestreet.com/story/10658309/1/crude-rises-despite-weak-jobs-report.html?cm_ven=GOOGLEFI

They won't stop until oil is a 200$ dollars a barrel!

[endless october]

1. we bailed them out so they could hurt our economy

by driving up the price of energy.

[westerebus]

2. Think China.

A certain contract dispute. Plus the added bonus of shaking the US economy just enough to get the GSE's to buy the rest of the toxic waste at a premium with a little help from their man at Treasury.
They didn't lift that cap for nothing. And people wonder why Barney put a trigger in his new stimulus package.

Next coming down the pike is strategic default as a percentage of what the GSE's hold.

Twenty ten, the year of the close shave.

[ConcernedCanuk]

3. WHY would they stop at $200 a barrel?

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sumthin' to ponder

:freak: