This was written in October, 2010, regarding the "perfect storm" for a spike in oil prices.
Today, we learn that supplies of domestic oil dropped a bit, despite analysts expecting an increase in supply.
Interesting.
After a significant surge in oil prices the past two weeks, oil is up a bit again today. The price appears to be quite volatile, moving between an increase of 70 cents and $1.14.
Prices of shares in Bakken market basket and blue chip oil and oil service companies are mixed, but slightly more green than red.
It should be noted that In 2008, while the head of the Lawrence Berkeley National Laboratory in California, Steven Chu, the administration's energy secretary, told The Wall Street Journal that energy prices were the lynchpin to an energy overhaul.
The dots are easy to connect.
