Replies to post #268 on Legacy Reserves Inc fka LGCYQ

[reaper247]

Hey there Jett,

I haven’t even looked at $WTIC in over a year, so I dunno.

I used to track domestic inventories back in the day.

Comparing 2014 to current, it doesn’t look great.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WTTSTUS1&f=W

Take inventories, add $USD, the FED, interest rates, inflation, FOREX rates, potential production disruptions due to weather, OPEC, US sanctions, Brexit, Russia, Gazprom, Trump, Mueller, Q, etc., and throw it all in a blender.

I don’t think anyone can predict an outcome or bankable direction.

Sorry I cant be more help.

IMO and FWIW.