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Crude Breaks Below $60

Crude oil prices broke below the psychological $60/bbl mark. Let's see if it holds. I think it will. The new short term trading range should be $55-$60. This should create enough of a spake to get the stock market in a year-end rally mode.

Unleaded gasoline also hit $1.63/ gallon today. Don't complain about the oil companies if you are paying subtantial more in your area. Look to the polliticians. Any amount over $1.63 is approximately 33%-45% tax. How's that for taxing the hell out of you.

Energies
Crude Oil (CLZ5) Dec 05 59.60 -1.91 61.40 61.65 59.50 10:20
Q C O
Crude Oil (CLF6) Jan 06 59.60 -1.73 61.22 61.44 59.50 10:19
Q C O
Crude Oil (CLG6) Feb 06 59.90 -1.33 61.29 61.33 59.90 10:17
Q C O
Crude Oil (CLH6) Mar 06 60.15 -1.00 60.87 61.24 60.10 10:10
Q C O
Gasoline Unleaded (HUZ5) Dec 05 1.6300 -0.0637 1.6917 1.7100 1.6200 10:19
Q C O
Gasoline Unleaded (HUF6) Jan 06 1.6500 -0.0572 1.6957 1.7135 1.6450 10:19
Q C O
Gasoline Unleaded (HUG6) Feb 06 1.6975 -0.0167 1.7090 1.7133 1.6975 10:03
Q C O
Gasoline Unleaded (HUH6) Mar 06 1.6600 -0.0582 1.7125 1.7180 1.6600 10:10
Q C O
Heating Oil (HOZ5) Dec 05 1.8750 -0.0701 1.9375 1.9475 1.8730 10:19
Q C O
Heating Oil (HOF6) Jan 06 1.9145 -0.0601 1.9654 1.9735 1.9050 10:17
Q C O
Heating Oil (HOG6) Feb 06 1.9200 -0.0576 1.9700 1.9741 1.9100 10:19
Q C O
Heating Oil (HOH6) Mar 06 1.8985 -0.0501 1.9400 1.9440 1.8985 10:15
Q C O
Natural Gas (NGX5) Nov 05 12.810 -0.739 13.516 13.600 12.770 10:20
Q C O
Natural Gas (NGZ5) Dec 05 13.150 -0.710 13.806 13.913 13.150 10:20
Q C O
Natural Gas (NGF6) Jan 06 13.600 -0.643 14.254 14.292 13.500 10:18
Q C O
Natural Gas (NGG6) Feb 06 13.570 -0.543 14.150 14.174 13.550 10:14

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