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Quoth Of Noth – Oil Guy “Oil supplies surge and the dollar rallies, but never mind about that. Oil sets a new high anyway!” – Phil Flynn, Alaron Energies. (And this quote actually came out before oil shot above $125 a barrel this morning, scoring another record for the fifth straight day.) With yet another sigh of resignation, we go back over the crush of reasons for why ample oil inventories in the U.S. somehow do nothing to cool this interminable running of the bulls. Reasons subject to change, of course, by tomorrow. May 2008New User?Sign up to get free access to TraderDaily.com
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