Hey, Ben STFU

On Monday, I said…

I had no idea that he would affect the oil markets.  I know gas pricing is affected by what is going on with Israel and Gaza and we all know that if Canada launched missles at the US.  We would tear thema new one.  Why can’t Israel do it.

But, I digress,  as Big Ben spoke, he noted that the simulus package would be a huge help in getting the US out of recession just a bit quicker than originally thought.  The oil speculators took that as a sign to bang away oil futures.  And, OPEC who is no friend to the United States is cutting production or looking to cut it again.

When are we going to wise up and start some off shore drilling.  Now, is the time for us to be doing some thing like that.  Again, I digress.

NW Indiana gas prices hover around the $2/gallon, but oil per barrel sits around the mid-40’s range and drop lower from time to time, much like the mortgage backed securities market.

I guess a lot of people listen to Big Ben and they hang on his every word,  much like those like those old EF Hutton commercials from the 80’s.

Hey, it is just my opinion and I could be wrong, but I doubt it.

Dave