The Energy Report for Friday, July 24, 2009

By Phil Flynn
24 July 2009 @ 09:41 am EDT

Housing on fire! Hold tight wait till the party's over, hold tight were in for nasty weather, there has got to be a way! Burning down the house! Or should I say the housing numbers were on fire! Forget all of that talk of unemployment at a 26 year high and 50,000 Americans filing for unemployment last week. And forget about the pathetic demand for oil because at least someone thinks this old economy has some gas in the tank. I won't bother talking about what doesn't matter to the market because what does matter, at least for now, is the hope of economic recovery. 

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