InventoriesOil price holding on pretty well after the EIA and API reports. However anticipatory stocking for the summer driving season is probably mostly over and oil price might plateau or even move a bit lower during the fall shoulder season. Gas prices are stubornly hanging close to $4.00 for future months all the way to February inclusive. Day by day Arc is locking in a very profitable Q3 at these oil and gas prices. Almost 1/3 of Q3 already over with very sweet prices for the past month. Gas prices look very solid for several quarters. The biggest risks would probably be a) if the OPEC+ cartel fell to squabling and overproduced again or b) higher oil/gas prices led to a major increase in drilling with associated gas from oil wells. Risk/reward ratio seems to be positive. That reminds me of the last words of my grandfather,"Jeesus Kerist, that looks like a effing piano!"