RE:As of Nov. 15.......Shorts are now at 9.24 million.The increase in short positions is likely do to a misinterpretation of the Q3 earnings , which were reduced by the mark to market provisions. If they have not bought back by the time the Q4 numbers are out they will be in for a very rude awakening !!
Also , Biden has taken his best shot and the gun backfired. If he should try to halt exports of US crude and LNG then that will spark an international price war to secure product, thereby playing directly into our hand !! With VET already earning over 40% FCF, shorts are in a very dangerous position.