VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[pleeb01]

Nigerian rebels are blowing up pipelines all over that country daily, they don't need to agree to cuts because the capacity to pump at current levels is slowly disappearing. Iran is bearly able to stay up with all their old outdated equipment. It will take them years to get back to pre sanction levels. Saudi will cut no matter what because of Aramco's coming IPO oil will fly. Producers know this and is using dept to finance new rigs and new projects. That's all not happening because oil is going lower. Lastly....Russia is funding a lot of ambitious endeavors around the world on an extremely weak economy..... eargo...