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Tuesday, 10/08/2019 5:11:14 PM

Tuesday, October 08, 2019 5:11:14 PM

Post# of 8177
From the "Oil Price Intelligence Report" to which I subscribe...with papers coming across my desk nearly daily:

U.S. oil exports increased from an average of 966,000 bpd in the first half of 2018 to an average of 2.9 mb/d in the same period this year.

- In June 2019, the U.S. set an average monthly record high of 3.2 mb/d.


Additionally, despite all the BS hyped by the media, the report breaks down the true story regarding rigs---both oil and gas---and the Permian reports a net GAIN of one rig over the past week!

So much for fake news!

And now you may better understand why I was comfortable adding a couple of thousand units today despite the wide-spread selloff that hurt me as it did everyone else.

Sometimes we gotta do whut we's gotta does.
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