RE:RE:The U.S. Oil Industry Won’t Stop Growing is BSMoemoney42 wrote: Quote: "I posted yesterday that this news release was BS and here's the latest Rig count just out today backing me that the Rig count is shrinking"
and only 6 days ago you were making a case for US production being near a top.. LMAO..!!
Quote: "US production is at its highest for the year while Crude Imports decline and Exports rise sharply could be pointing to softening US demand and that's why we are seeing extra US crude being exported"
so in short you have no idea what you're talking about.. but like to post headlines that you think supports your theory.. until the news headlines change, then you state it was what your "insight" that mentioned it well before the headlines.. what a goof..!
We all realize your day trading and change your tune daily.. most here are investors.. not day traders.. so save your breath.. we all see though your self serving BS.. LMAO..!
Umm...If you are wondering why the US s exporting oil, this from Shalemag:
releasing reserves has thus far exceeded domestic refining capacity and therefore necessitated exporting.