Seventy-dollar crude is on the way. It's almost a done deal.
It's panic buying by everyone. We possibly could hit 19 or even 20 cents in the first quarter (of 2006).
Coffee is at a relatively low historic price relative to other commodities right now. Coffee is in the lower end of its range over the past 10 years.
Gas will be leading us out of this dull market. We see April and May as very strong markets for gas. We could see it test $2 or $2.10 a gallon.
We're having one of our mildest winters, yet crude and products futures are rallying. There's a tremendous amount of speculative money going into energy futures.
Gasoline stocks are going to become tight. We're going to see May and June contracts above $2.
It's a demand driven market. It's what the market is willing to bear.
Gasoline at $2.50 a gallon isn't going to keep people from going on their spring and summer vacations.
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