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Timothy Smith

02/01/16 11:20 AM

#30 RE: crudeoil24 #29

IM not sure I read that correctly. 1MMBOPD growth every day is not remotely feasible but it has widened about that year over year. 5% natural annual declines and 2-3 % growth globally will bring rebalance to bear by year end although new range and slower tots recovery over next 2-3. Btw really enjoy his books.