News

Market Update

Energy markets are significantly higher today–crude up over $3/barrel, diesel up more than 10 cents and gas up nearly 8 cents.  The value of the U.S. dollar is lower, Chinese manufacturing is higher, and Iran is threatening to keep U.S. ships out of the Straight of Hormuz–these items seems to be pushing the markets higher.  Looks like the first week of 2012 is going to be a wild ride in the energy complex.