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Timothy Smith

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Timothy Smith

Re: crudeoil24 post# 29

Monday, 02/01/2016 11:20:54 AM

Monday, February 01, 2016 11:20:54 AM

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IM not sure I read that correctly. 1MMBOPD growth every day is not remotely feasible but it has widened about that year over year. 5% natural annual declines and 2-3 % growth globally will bring rebalance to bear by year end although new range and slower tots recovery over next 2-3. Btw really enjoy his books.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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