Now it's time to put this strategy into use. In case you missed it, here's the strategy in a nutshell. It's a simple three-step process. Buy oil in the third week of March. Sell half the position in the last week of April. Sell the rest in May
While we are finding new sources of crude oil, discoveries pale to what's happened with natural gas. Recent boosts to supply also cannot overcome volatility in the Mideast and the fact that much of the world's cheap crude was pumped long ago.
The International Atomic Energy Agency, or IAEA, released its findings on Iran last week. Their 25-page report accuses Iran of developing miniaturized nuclear warheads, built for delivery by medium-range missiles.