RE:Exxon Sees 15% Annual Production DropThis is a very big deal. Don't get shaken out by daily price swings; the degree of leverage in the market, and especially leveraged derivatives contracts, magnifies price swings both up and down. Be patient. We are in a $70-90 trading range, but I am starting to see a former base at $70, and perhaps not quite as much resistance at $90, as had been present a year ago. This is a distillation of everything I read and have seen over the past year, and I cannot point to one specific thing.