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IBDvalueinvestin (99.68)

Oil Spikes : Saudi Protests have started early

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March 10, 2011 – Comments (6) | RELATED TICKERS: ERX , OIL , SPY

Wow, Oil just spiked on news that Saudi Protests have started early and that Saudi Police are firing at protesters with live ammo.

Here comes $5/gal gasoline or will it be $10/gal like in Europe.

 

http://content.usatoday.com/communities/ondeadline/post/2011/03/ap-saudi-police-open-fire-on-demonstrators/1

6 Comments – Post Your Own

#1) On March 10, 2011 at 2:03 PM, catoismymotor (33.66) wrote:

I just check Al Jazeera, see nothing about this. I want to learn more. What news agency are you using?

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#2) On March 10, 2011 at 2:08 PM, Jbay76 (< 20) wrote:

could be a good time to get shares of FAZ huh?

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#3) On March 10, 2011 at 2:49 PM, catoismymotor (33.66) wrote:

Found it:   http://news.yahoo.com/s/ap/20110310/ap_on_re_mi_ea/ml_saudi_protests?sec=topStories&pos=6&asset=&ccode=

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#4) On March 10, 2011 at 2:52 PM, pj19 (< 20) wrote:

Up on Al Jazeera:

 http://english.aljazeera.net/news/middleeast/2011/03/2011310185818570316.html

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#5) On March 10, 2011 at 3:07 PM, chk999 (99.97) wrote:

Remember, the higher price of gasoline in Europe is all taxes. They pay about the same for crude that we do.

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#6) On March 10, 2011 at 3:20 PM, IBDvalueinvestin (99.68) wrote:

The fund managers using last hour to exit , not looking good for any support here because the S&P break thru 50 day moving average.

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