77% of Gulf oil production shut down

[BraggSurvivor]

I wonder how high crude is going to spike once the market opens?

Any guesses?

We'll find out soon enough. They're having a special trading session today at the NYMEX.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aT_OIrdDoBkA&refer=home

[crashdive123]

It'll go up - just like it always does when production is temporarily disrupted. The it'll come down - just like it always does when production is restored.

[crashdive123]

Hmmm. Oil drops $7 a barrel to $111? Good news for all.

[trax]

way to spoil the surprise crash :cool: