The Mudcat Café TM
Thread #109038   Message #2277719
Posted By: Q (Frank Staplin)
02-Mar-08 - 06:06 PM
Thread Name: BS: Exxon: Drunk Ship Captains Wanted...
Subject: RE: BS: Exxon: Drunk Ship Captains Wanted...
The price increase follows the market. Exxon doesn't determine that.

Crude oil futures are the most heavily traded commodity on the market. Futures trade in units of 1000 US barrels (42000 gallons). If you feel like gambling on continuing price increase, buy a few.
The price should drop this summer, that will be the time to buy (don't follow this advice).