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Oil inventories last week were 4 million down,

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NGL Energy Partners LP Announces Quarterly Cash Distribution for Class B and Class C Preferred Units Business Wire - 6/14/2019 5:30:00 PM
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Cushing® Asset Management and Swank Capital Announce Constituent Changes to The Cushing® Utility Index PR Newswire (US) - 6/14/2019 9:02:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/13/2019 8:01:50 AM
Schedule 13g Edgar (US Regulatory) - 6/10/2019 11:16:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/5/2019 7:18:24 PM
Annual Report (10-k) Edgar (US Regulatory) - 5/30/2019 5:30:55 PM
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Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing®Transportation Index PR Newswire (US) - 5/23/2019 9:02:00 AM
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index PR Newswire (US) - 5/23/2019 9:02:00 AM
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Index PR Newswire (US) - 5/23/2019 9:02:00 AM
Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Utility Index PR Newswire (US) - 5/23/2019 9:02:00 AM
NGL Energy Partners LP Announces Timing of Fiscal 2019 Fourth Quarter Earnings Release and Conference Call Business Wire - 5/23/2019 6:40:00 AM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 5/15/2019 6:08:44 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/15/2019 6:02:14 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/14/2019 7:01:48 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/14/2019 7:01:42 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/14/2019 7:01:07 PM
5 Oil & Gas Stocks to Watch InvestorsHub NewsWire - 5/14/2019 12:39:00 PM
NGL Energy Partners LP Announces Combination with Mesquite PR Newswire (US) - 5/14/2019 6:30:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/13/2019 6:53:32 AM
tdeck Member Level  Wednesday, 05/15/19 11:14:48 AM
Re: TheBurningMan post# 6612
Post # of 6831 
Oil inventories last week were 4 million down, this week 5.6 million up, yesterday East-West Pipeline in Saudi Arabia shut down for over 24 hours, so 7-8 million barrels didn't head to ports 4 tankers damaged now in dry dock. Middle east could pop off any minute, etc.

The whole oil numbers thing is a weekly/daily game for oil traders numbers came out @ 10:30 and oil took off getting ready to break 62 was 61 this morning at open. Its all machinations of fairy dust.


And at the end of the day we aren't in the oil game so to speak we are in the water game, and its drill drill drill and with DUC inventories at all time highs the future is bright. Oil rises this summer more companies will spend the extra money to finish off DUCs, we win, again.

BTW I am long USO ETF's started this week 12.66-12.89 as I see oil going much higher by summer 70+ without middle east popping off.

Peace out.

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