Outlook 2011: Crude Oil & Gasoline, Escalator Up and Elevator Down (USO, OIL, DBO, UCO, DBE, USL, DTO, SCO, DNO, OLO, BNO, SZO, UHN, OIH)

Just in time for Christmas, On Wednesday, Dec. 22, U.S. gasoline prices hit an average $3 a gallon for the first time in more than two years, according to AAA’s Daily Fuel Gauge Report. Meanwhile

Swimming In Crude Oil? Record High Inventory Will Continue To Build (USO, OIL, DBO, UCO, DBE, USL, DTO, SCO, DNO, OLO, BNO, SZO, UHN, OIH)

Despite the recent price surge in crude oil this week, basically going from $81.50 to $87 a barrel within this week–thanks to a Fed’s QE2-induced weak dollar– oil inventories actually added

Crude Oil At A Crossroad Of Inventory and Fed’s QE2 (USO, OIL, DBO, UCO, DBE, USL, DTO, SCO, DNO, OLO, BNO, SZO, UHN, OIH)

Oil prices have continued to soften at $82.51 a barrel for November delivery on the NYMEX Friday after a Federal Reserve Chairman Ben Bernanke’s speech sparked some uncertainty as to how far

Everything You Need to Know About Tomorrow’s OPEC Meeting (USO, OIL, DBO, UCO, DBE, USL, DTO, SCO, DNO, OLO, BNO, SZO, UHN)

Crude dropped for the second straight day yesterday (Tuesday) after Saudi Arabia made it clear that the Organization of the Petroleum Exporting Countries (OPEC) will leave its production targets