Athabasca Oil Corp T.ATH

Crude Oil stock up again,

[smallcaptdr]

Crude shouldn't be at $104 and just out Crude Oil Stock is still in the surplus and you don't have to be a genius to see that there are no tightness issues otherwise Crude would be in the negative and this makes 3 consecutive surpluses in a row. And Housing Starts were near negative indicating that the economic expansion in the building sector is contracting and with interest rate hikes no one will be building only selling to downsize because mortgage rates are going higher and higher. These are some of the first measurements that show a slowing. 3 more day trading days left before the week of the 25th starts. JMHO  (always DD)

[fellowship]

SPR reserves is not production. If the economy is going to recession people still need oil an gas. 

[Cobalt]

Imagine being short oil HOD and not understanding the SPR , think we have a troll , LOL

[smallcaptdr]

I cant reply to you! I ran out of crayons

[smallcaptdr]

Do you understand what Oil Stock is? Its inventory, and there's not enough withdrawal from the inventory to empty it so there's enough production to fill the demand and have some left over. Yes, people will always need Oil ..lol even in a recession.

[fellowship]

Do you understand what oil trend is ? I dont mind you flipping stocks for coins but stop talking about oil stocks especially that we know how that report was produced. Some of that was exported and still reported as stock..how much that oil was sold overseas ???

[Cobalt]

62 million dollar trader and he does not understand SPR released like 6 million into that oil stocks , yup troll LOL