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littlejohn

03/13/24 2:26 AM

#14192 RE: bbotcs #14190

SPXS is back to my watcher now to

get broader coverage if a retreat

hits anytime soon...

Economy has slowed down...

Inflation numbers are still high...

Coding for 'pump up' could be changed

to 'dump it' at any time now...

Actually in the mood to draw out

money now with the risks looking

above average in many areas...

Peon thesis, of course...

So we watch...LJ

littlejohn

03/13/24 10:37 PM

#14194 RE: bbotcs #14190

U.S oil imports plunged almost 12 million barrels

last week in efforts to stay ahead

of weaker fuel demand...

Spin doctors have articles out like

things are good to keep prices above

the $65 to $70/bbl. price range more

in line with weaker demand...

So we watch...LJ

littlejohn

03/13/24 10:43 PM

#14195 RE: bbotcs #14190

Ai desperate pump, plunging natural gas prices

have producers in one of the

weakest winters ever for demand...

Saw a pump article to day on a natural

gas related company because Ai

would save it with excess energy use...

Not if smart Ai chip buyers choose the

hugely more energy efficient chips

from Big Blue...

Ai pumps are getting sickening to see

over and over daily...


So we watch...LJ

littlejohn

03/14/24 8:42 PM

#14199 RE: bbotcs #14190

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