Over half of the posts on the $peak page are off topic. Is that the best use of this board? Think about it.
We had a great day in the energy space, with WTI up over two and a half bucks from this morning. Some of our favorite stocks, like SGY and BXO were up 10% today. WCP, and even the perennial loser BXE, were up about 8%. And people want to fill the board with posts about gun control? Seriously?
The price of oil remains firm tonight, as the worries over Russia's controversial entry into the Syrian conflict grow with every additional air strike against non-ISIS targets. Russia has undermined the influence the US can exert in the area, as they have put in place the hardware to enforce a no-fly zone over the part of Syria that Assad's forces control. The US and their allies have been talking about a no-fly zone of their own, but while they dithered, Putin acted.
So while there remain concerns over world economic growth, and the surplus (although shrinking) of oil on the market, the potential of yet another proxy war between the US and Russia has people very nervous, and justifiably so.