July 16, 2008
SEC Encourages Short Sales of Crude Oil
Of course I’m making a joke about this bit of absurdity: SEC to Limit Short Sales of Fannie, Freddie, Brokers
Meanwhile, back in the real world:
“U.S. gasoline demand fell 5.2 percent last week, the 12th consecutive weekly decline, a sign record pump prices are changing driving habits.”
Some guy wearing pajamas recently pointed out that monthly crude was mighty stretched … thank god no one pays attention to those blasted bloggers.
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