This Time It's Not Different!

This time it's not different! Several months ago, there were predictions from some big names in the financial world that Crude Oil was destined to hit $100 a barrel. Well, I guess we will have to hit $60 first, as Crude prices have fallen nearly $15 the past 5 weeks. Easing tensions in the Middle East, including with Iran over its nuclear program, have taken some of the "risk premium" out of energy prices. High energy prices have also filtered down to the demand side, with both the Department of Energy and the International Energy Agency cutting their forecasts for world Oil demand. Read More....