Wrap – Week Ended 10/01/10

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Comments to be included in the Monday post.

4 Responses to “Wrap – Week Ended 10/01/10”

  1. 1
    zman Says:

    Houston Ship Channel may be closed for 3 days due to barge accident.

  2. 2
    ram Says:

    Is that channel the main inlet for ship imports? Do you see a higher range for oil prices?

  3. 3
    ram Says:

    If we have a mild winter, does that support oil since roads and air travel will be less restrictive.

  4. 4
    zman Says:

    Re 2 – big for grain, petrochemicals, can cause price spikes for products which in turn could give a boost to oil but as to a higher range, no, at least not because of this.

    Re 3 – no, probably not, much better to have cold winter causing a big draw on HO stocks.

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