Will DJIA fall below 8000 – International Markets Down – Gas/Oil Futures Lower

Dow Jones        -118              8145          11/18         07.21 AM

FTSE 100

-70.27

-1.70%

4,061.89

XETRA-DAX

-93.22

-2.05%

4,464.05

CAC 40

-57.01

-1.79%

3,125.02

HANG SENG

-613.64

-4.54%

12,915.89

NIKKEI 225

-194.17

-2.28%

8,328.41

http://money.cnn.com/data/premarket/

Dated Brent Crude            $49.10 Barrel        -0.62

NYMEX RBOB Gasoline Futures      $1.16 / Gallon     - 0.113 

http://www.bloomberg.com/energy/

Will we see a floor at a 7500 DJIA, $45/Barrel Oil and $0.95/Gallon Gasoline? 

Dow Down – Crude Oil Futures Below $50/Barrel – Gasoline Below $1.20

Dated Brent Spot         $49.72 Barrel          -$1.27

NYMEX RBOB GASOLINE    $1.17 Gallon         -0.064

http://www.bloomberg.com/energy/

Dow

-223.73

-2.63%

8,273.58

NASDAQ

-34.80

-2.29%

1,482.05

S&P

-22.54

-2.58%

850.75

FTSE

-100.81

-2.38%

4,132.16

DAX

-152.97

-3.25%

4,557.27

Nikkei

+60.19

+0.71%

8,522.58

Will Oil Futures find a floor at $45/Barrel, Gasoline at $0.95 Gallon and the Dow at 7500?

Will Oil Drop Below $50 Barrel? Gasoline at $1.25 Gallon

Dated Brent Spot $51.68 -2.50 -.0461 14:38
Nymex RBOB Gasoline Future $1.25 -.0479 -.0368 14:07

http://www.bloomberg.com/energy/

Will Crude Below $50 Barrel – Gasoline Below $1.25 Gallon?

Dated Brent Spot $53.04 -1.15 -2.12 07:23
Nymex RBOB Gasoline Future $1.26 -4.24 -3.26 06:52

Arer you paying more than $2 a gallon at the pump?

http://www.bloomberg.com/energy/

Dow set to open  -100

Dow Jones -105.00 8725.00 11/14 7:13am

http://money.cnn.com/data/premarket/index.html

Obama Prepares to Move Country Even Further Left – Oil Exploration At Risk

When Asked During The Presidential Campaign Obama Denied That He Would Take Either of These Actions …… 

Obama reviews Bush orders on stem cells, drilling

By STEPHEN OHLEMACHER, Associated Press Writer

WASHINGTON – President-elect Obama‘s transition chief said Sunday the incoming administration is looking to reverse President Bush‘s executive orders on stem cell research, oil and gas drilling and other matters.

John Podesta said the president can use such orders to move quickly without waiting for Congress to act, highlighting the extraordinary powers a president can wield beyond signing legislation approved by Congress. Podesta said people should expect Obama to use those powers to reverse many policies of the Bush administration.

“I think across the board, on stem cell research, on a number of areas, you see the Bush administration even today moving aggressively to do things that I think are probably not in the interest of the country,” Podesta said in a broadcast interview.

“There’s a lot that the president can do using his executive authority without waiting for congressional action, and I think we’ll see the president do that,” Podesta said.

Also, the federal Bureau of Land Management is opening about 360,000 acres of public land in Utah to oil and gas drilling, leading to protests from environmentalists …… Podesta said. “I think that’s a mistake.”

So much for Obama’s Campaign pledge to support additional drilling -

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: