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littlejohn

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littlejohn

Re: bbotcs post# 14190

Thursday, 03/14/2024 8:42:46 PM

Thursday, March 14, 2024 8:42:46 PM

Post# of 14695
IEA,,,Israel killing innocent Gaza people pumping

up oil price wasn't enough...

IEA has to add a pump forecast...

https://oilprice.com/Latest-Energy-News/World-News/Brent-Soars-Past-85-As-IEA-Recalculates-Supply-Demand.html

All because demand is down...

U.S. demand is down and forward looking

eco order data suggests more ahead...

China eco retreat is set in motion and

no pumps change that...

https://oilprice.com/Latest-Energy-News/World-News/Chinas-Construction-Squeeze-Prompts-Refiners-to-Cut-Production.html

Paying more for a product with declining

demand is a classic Inflation problem...

Too many folks with huge money controlling

pricing versus demand motion pricing...


So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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