Say what you will I notice how polarized this debate is becoming but it all boils down to long term vs short term . Look around you , demand isn't "waning" , imports and the EIA's inability to count has given distorted storage figures that are the basis for the "waning" demand stance .
On Tuesday the Apr contract becomes the front month as we close in on driving season . I see a ridiculous effort to say black is white when really , black is black and white is white . Employment remains strong , travel is up and all this fear being pushed isn't backed up by the numbers . The economy remains strong and demand is steady .
China's exit from covid zero has been very successful , a story that has fallen off the radar . Deaths are down and so is news coverage . When you look past this short term fear , reality looks much better when you know the world can't live without your product . I see the NYSE listing as another possitive and a good entry point .