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Recap of CNBC's Fast Money, Friday May 30.
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Is Oil Spoiled? Baker Hughes (BHI), Transocean (RIG)

Oil fell nearly 4% last week to $127. The group wondered if oil’s rally is finally over and if the commodity could drop to $120 in the coming week. Guy Adami thinks next week will be the biggest week for commodities in years and expects a significant drop in crude and gold. However, he doesn’t think stocks will necessarily rise on oil’s fall. Macke doesn’t believe oil will necessarily go lower, but action in the commodity will be significant. He adds he is a seller of the S&P with a t

Yesterday, Synthesis Energy Systems (SYMX) and Consol Energy (CNX) announced the successful completion of an engineering study for the delevopment of a gasification plant utizlizing SES's patented U-Gas technology and Consol Energy's waste coal as a feedstock to create valuable alternative energy chemicals like syngas and methanol.<!--more-->