Premature flight to risk - MarketWatch

"It's the flight from risk again," said Brad Samples, a commodity analyst with Summit Energy in Louisville, Ky. "People are piling on Treasurys and out of anything that hints of risk." (risk assets ended higher, except oil)

http://www.marketwatch.com/story/crude-drops-below-70bbl-extending-losses-2010-05-21

Crude selloff continues - MarketWatch

Crude oil for June delivery, the most active contract, lost 72 cents, or 0.6%, to $76.62 a barrel on the Comex division of the New York Mercantile Exchange. That's its lowest price since mid-February, when prices dropped to a little above $74 a barrel.

"Everything is still very much in a fragile state. Who wants to jump in just yet?" said Brad Samples, a commodity analyst for Summit Energy Inc. in Louisville, Ky. Investors pondered whether it would be wiser just to let "the uncertainly shake itself off," he said.

http://www.marketwatch.com/story/oil-futures-rebound-after-steep-selloff-2010-05-07-73800

Assessing the Deepwater Horizon backlash - Reuters

Are costs going to rise? Absolutely. Will it hurt oil producers? No, because they are going to pass the costs on to consumers," said Brad Samples of Summit Energy in Louisville, Kentucky...

...But the futures curve for oil prices indicates that some traders may already be factoring in new costs that could make crude more costly down the line.

"Longer-dated oil prices should rise because of this event (spill), since they would reflect the higher cost of getting those barrels out of the ground," Samples said...

..."To the extent that marginal costs rise here, you'll get higher production costs everywhere, in Brazil and Angola and wherever the deepwater play is happening," Samples said.

http://www.reuters.com/article/idUSTRE6456HF20100506