possible oil spike after wednesday

I don't feel the US market is anywhere near out of the woods. As a matter of fact the 'bailout' is a sign of great weakness and panic. As a result the US dollar will again devalue, oil prices rocket upward and we're in a world of financial pain again.

US refinery inventory of gasoline AND oil stock is very, very low, this will be even more evident on Wednesday night when inventory levels are announced. As of Friday, Gulf Of Mexico production was still down by 90% Gasoline stocks are the LOWEST FOR 40 YEARS! With winter upon them, the refiners will need to take on large orders of oil. Hence we could be about to see a major oil spike and therefore further chaos in the US as their dollar devalues AND the oil price rises. The US Govt I believe is in major panic mode.

This is my opinion DYOR