OIL PRICES [CONT.)

Ken Berwitz

Interesting phenomenon: oil prices have suddenly jumped from about $38 a barrel to the mid $40s. 
And the rise in oil has occurred as gasoline prices have finally lowered to where, in my opinion, they should have been already. 
This has caused a situation where gas at the pump is about where it should be relative to oil by the barrel. 
Hallelujah.
Now: let\’s see how long it will last.

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