RE:U.S. OIL PRODUCTION SET TO SCREW THINGS UP AGAIN !!!US Oil production doesn't really matter in the grand scheme of things when you have a supply/demand deficit. (lack of capex in oil industry)
What should be scary is the border tax proposed by the GOP. This can plunge the global economy into a deep recession and trigger currency wars.
BTE is very attractive at these prices if you think the Border tax will NOT be implemented. This explains the low volume these past days.