• We want a stable dollar, not a strong dollar
• Paulson’s success with China
• The yuan is going up 30%+

• Everyone wants to be like Yale
• The outlook for contango and backwardation
• The U.S. is the Saudi Arabia of corn

• China has replaced the U.S. as the world’s largest consumer of steel
• U.S. domestic steel production cannot supply all of domestic demand
• Profits are not yet keeping up with price increases

Stephen Schork, publisher of the Schork Report, talks energy – including his insights on where oil has been, where it could go and who (or what) is influencing the price.

• The role of speculators.
• The impact of alternative energy on long-term oil prices.
• Is there a distortion in the current oil marketplace?

This interview was taped prior to oil hitting the $100 mark.

Stephen Schork, one of the most respected traders in the energy industry, says that $100/barrel oil is not supported by the fundamentals.

• The real reason oil went from $10/barrel to $100/barrel.
• Where does it go from here?
• Why Peak Oil is a hoax.