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Red River Valley | you made the case for it time and again and this post you were looking for 80-85 by summer and stated Hamm would look pretty good for pulling his hedges which were in the upper 70's
http://talk.newagtalk.com/forums/thread-view.asp?tid=523363&mid=427...
http://talk.newagtalk.com/forums/thread-view.asp?tid=523363&mid=427...
the above guy was calling for 100 crude and you stated he's probably right - so from that everybody can draw their conclusions
as for your statement that you locked in your needs -- almost everybody ME included was talking about the fact that they were locking in fuel needs back in late Jan. as it is one of the most consistent patterns that diesel fuel bottoms in late Jan earl Feb.
pretty sure I never called for crude below 40 but then my statement has been that the upside is what is capped much lower than you think it is.
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Not If.. but When..
