Where is the US Production boom this week?Ok so the weekly EIA inventory report came out and showed a massive 6.9 million draw and the paper market manipulators have wti down more than $2.25 as I write. So where is the impact of this great flood of US production that is in just about every article written about oil in the last month or two? Crude is still 1% below the 5 year average and gasoline is 2% below with distalliates 9% below. If there was such a flood of US production effecting the oil markets as they suggest then how can you get a massive 6.9 draw of crude in one ofthe slowest demand periods of the year. Moreover, how do you get a $2.25 drop in the price of wti with a draw like this weeks? The only recognition the markets make of the oil inventory is when there is a buiild. This is total manipulation. Look I am no fan of OPEC but I despise these corrupt manipulators in the Western paper markets equally as much. With markets like the current oil market you would be able to make a more rational bet in Las Vegas.