Oil Traders rent supertankers to store oil.

[RogerPanchuk]

I heard about this story so I looked it up here is the link.

Apparantly some oil traders are betting on the value of oil going up ,I hope they are right


http://www.chron.com/disp/story.mpl/busine...gy/6198120.html




Roger

 

[jarrettvaughan]

QUOTE (RogerPanchuk @ Jan 10 2009, 09:33 PM) I heard about this story so I looked it up here is the link.

Apparantly some oil traders are betting on the value of oil going up ,I hope they are right


http://www.chron.com/disp/story.mpl/busine...gy/6198120.html




Roger

That is a very interesting story, I am sure that they will make a lot of money in the next few months.

 

[GarthChapman]

That makes me feel better about my 3 oil stocks that are languishing at lousy values.

Thanks Roger.