Energy OverView February 28, 2012

The February rally dead-ended at 110.00. Losses extended $2.00 in post-settlement trading, as well. Skepticism relative to the effectiveness of the European bailout package has momentarily trumped concerns over Iran, but neither is going away and are, in fact, inextricably linked. The inevitable spike associated with an actual supply disruption will wreak economic havoc on the global economy and Europe…