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Re: smith199 post# 5507

Thursday, 09/23/2021 9:28:18 AM

Thursday, September 23, 2021 9:28:18 AM

Post# of 7974
Nailed it

As production is still ramping back up, I think we'll see another week of 3-4 million barrel drawdown on inventories


3.5 M drawdown

And that doesn’t include the draw on the SPR

So the demand side is strong, Delta appears to have peaked and starting to decline ….

To much other craziness in the broader market to have a lot of confidence overall but the opportunity for GSPE to move forward is looking very good

spec

- Foglifter -

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