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jayhawkclint

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jayhawkclint

Re: Peasodos post# 1890

Thursday, 02/05/2015 9:11:46 AM

Thursday, February 05, 2015 9:11:46 AM

Post# of 41155
Of course there's a stockpile -

Everyone's hoarding cheap oil while they can get it.

Scope out a little. Follow the EIA numbers back a few years. There's not all of a sudden a 60% jump in production. It's not primarily a supply issue. If it were, prices would've been declining with the rise of fracking. We all essentially talk with our money here and let the charts record what we say - I look back and see very little correlation to cause me to make trades based on supply assumptions that are widely sensationalized in the media. Do you see something different?

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