Each Crude Oil Futures Contract Returned $38,000 From 9/11 to October 2004
If one had bought one crude oil futures contract in November 2001, right after 9/11, and held until October 2004, just before this past election, one would have realized a profit of over $38,000.
But with margin requirements of only $3500 per contract, one would have invested only $3500 for each contract.
An unbelievable return of 1000% in 34 months.
In "Crude Bedfellows", a new book by Sean Hewitt, the author uses his own commodities trading background to suggest that a bull market in crude oil was set-up by the most powerful people in the oil world.Intertwining politics, crude oil futures trading, money management techniques in futures trading and the war on terror, what may seem obvious turns out not to be so.
And what seems impossible turns out to be completely plausible.
Sean Hewitt has two decades of trading experience in the commodities futures markets and he uses that knowledge very subtly to contend that the big move is usually over by the time the public catches on."Crude Bedfellows" is available via all online retailers like Amazon, BarnesandNoble.com, BookaMillion.com, etc.
Chapter One excerpts are available at http://www.CrudeBedfellows.com..
Should Oil Companies be Bbanned from Owning Ethanol Plants
(ContentDesk) November 21, 2005 -- For many , the time of alternative fuels has finally become a viable option to pure petroleum based fuels . E85 is 85% ethanol and 15 unleaded gas . It's appeal is not only that it typically cost less than unleaded , not that it only shifts and lowers our dependence from
foreign based oil to supporting American based Agri-Business; but to many the greatest appeal is simply that E85 is a fuel product that directly competes with Big Oil.When gasoline prices skyrocket the question of whether Big Oil is price gouging or always emerges , whether it is true or not the bottom line is they can raise the price to whatever price they want because there have been no viable fuel options..until now with E85.Big Oil companies are making billions each quarter , Exxon Mobil for example earned 10 BILLION in the 3rd Quarter of 2005 alone , Royal Dutch Shell made $9 billion and British Petroleum made 6.5 billion.These companies have absolutely no competition...
Oil prices > Should Oil Companies be Bbanned from Owning Ethanol Plants
Each Crude Oil Futures Contract Returned $38,000 From 9/11 to October 2004
If one had bought one crude oil futures contract in November 2001, right after 9/11, and held until October 2004, just before this past election, one would have realized a profit of over $38,000.
But with margin requirements of only $3500 per contract, one would have invested only $3500 for each contract.
An unbelievable return of 1000% in 34 months.
In "Crude Bedfellows", a new book by Sean Hewitt, the author uses his own commodities trading background to suggest that a bull market in crude oil was set-up by the most powerful people in the oil world.Intertwining politics, crude oil futures trading, money management techniques in futures trading and the war on terror, what may seem obvious turns out not to be so.
And what seems impossible turns out to be completely plausible.
Sean Hewitt has two decades of trading experience in the commodities futures markets and he uses that knowledge very subtly to contend that the big move is usually over...
Each Crude Oil Futures Contract Returned $38,000 From 9/11 to October 2004
Oil prices > Each Crude Oil Futures Contract Returned $38,000 From 9/11 to October 2004
Oil prices
This page loaded in 0.021 seconds.