RE:RE:RE:RE:RE:Absolutewhat's bs is the bias that the various price reporting "organizations" have and how realistic demand forecasting and consumption numbers are. Remember 10 years ago when so and so famous analyst said that peak oil demand was in the rear view mirror. And 15 years ago, that we would run out in 10 years. recently nutall has been strongly emphasizing "underestimated US production growth", sounds like a worry almost, plus rumblings with opec members. Oil investors have been burned so many times, hard not to be worried, even with the nutalls of the world. He won't tell you to sell, he's not in the cash holding business and he's probably made enough in fees in 3 years for generations of wealth...