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littlejohn

03/19/24 9:19 PM

#14218 RE: bbotcs #14212

Market could easily correct 20% from high

prices in a weak economy now...

10% correction would be norm for a

better economy...

Diesel demand is staying in lag mode

now as economy keeps slowing...

Market is well past pricing for a perfect

economy without higher interest rates...

Oil price is flat out stupid with low demand

that will get worse with prices higher now...


So we watch...LJ