RE:RE:RE:$55.50 WTI
Day traders and short selling (1.2M shares in the case of SGY in the last two weeks) are a factor. Why this should be so with prices trending the way they are is still a good question. Read Vivian Krause and Nemeth and then follow the money. It looks like foreign money is operating to keep the price down, for entirely ideological reasons; working hand-in-glove with Trudeau and his similarly woke agenda. Real market forces are now coming to bear. The economy needs energy and all the green policy that has hamstrung our industry is going to blow up in their faces as prices rise with restricted supply.