Monthly Archives: July 2008

Oil Below $125 –

Oil continues to fall and has dipped below the $125 dollar mark.  Continued movement on the downside may happen with Congress considering legislation to limit speculative trading. To view a related article, please click here: http://www.bloomberg.com/apps/news?pid=20601087&sid=aHLWg6Vg1XYs&refer=home Jim Sutliff

Posted in Gasoline, Investments, Oil, Options & Futures, Political News, Regulatory | Leave a comment

$10 Dollar Decline –

Oil Tumbled $10 dollars on a weaker dollar and statements by Bernanke.  Much of the decline came from program trading when oil fell below $140.  The price has rebounded a bit but is still down almost $7 dollars for the … Continue reading

Posted in Currency, Economic News, Investments, Oil, Options & Futures | Leave a comment

After Hours –

Oil falls slightly in after hours trading due to news from Paulson.  The perceived support of Freddie Mac and Fannie Mae helped to ease oil prices but it should be pointed out that trading is very light.  Once the week … Continue reading

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North Dakota REIT Reaps Oil Benefits –

The North Dakota REIT has posted 11 straight quarters of growth from operations and it’s starting to draw attention.  One of the primary reasons for the housing boom is the rise of oil.  North Dakota is the eighth biggest oil … Continue reading

Posted in Investments, Oil, Options & Futures, Private Equity, Real Estate, Regulatory, Venture Capital | Leave a comment

Oil Takes A Tumble –

Oil took a tumble for a second straight day on signs that the economy is slowing.  The fall came after a few days of increasing crude prices mainly due to light trading associated with the 4th of July holiday. To … Continue reading

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Crude Hits $144 –

Supplies of crude oil fell by almost 2 million barrels and the market responded.  Crude oil hit $144 dollars a barrel in light trading. To view a related article, please click here: http://biz.yahoo.com/ap/080702/oil_prices.html Jim Sutliff

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