RE:MORE Propaganda From The NOTORIOUS SPINNER IEA !!!???!!!Eigen, the interesting thing is that contrary to what we have seen Sept-Dec crude really isn't building...so we wait for 2022
Eigen337 wrote:
IEA = International Energy Agency
SURE, crude oil DEMAND will FALL OFF in the WINTER months and crude oil SUPPLY will INCREASE during the SAME PERIOD but these "OMICRON" DEMAND DESTRUCTION scenarios are ABSOLUTE GARBAGE !!!
Omicron is a FAKE VIRUS pushed by the SATANIC CULT to SIPHON WEALTH and RESTRICT FREEDOM and LOCK IN CONTROL and SURVEILLANCE !!!
HOW many times are people going to fall for this DEMONIC DECPTION ?????
SO the IEA are 'CLAIMING' that there will a be 1,700K bbls/d SURPLUS of crude oil in EARLY 2022 !!!?????!!!
WE will 'SEE' ?????
The US Permian Shale region {Texas + New Mexico} is 'EXPECTED' to reach a RECORD 5,000K bbls/d of LIGHT TIGHT crude oil heading into 2022 !!!
However, TOTAL US COP is 'PROJECTED' to be UNDER 11,000K bbls/d in 2022 due to LACK of INVESTMENT and DECLINE RATES in the other US producing areas !!!
This is my opinion only.
Eigen337