Post by
Duster340 on Aug 10, 2023 10:43am
The official EIA
oil inventory # is a build of 5.851M barrels WOW! that does not sound like a strong economy to me, or is it because the move to green energy is happening faster than anyone has predicted. the economy is only going to get weaker from here as the higher interest rates start to take a toll.
Comment by
masfortuna on Aug 10, 2023 1:39pm
It's because the EIA can't count. We went from a draw of 17 million to a build of 6 million. That's a 23 million barrel differential. So everybody took the bus to work this week lol!
Comment by
Duster340 on Aug 10, 2023 2:38pm
or was that 17M draw a fake # who knows what kind of corruption goes on behind closed doors with the EIA. it happens in government with insider trading, it happens with the supreme court with justice clarence thomas on the take, trump, maybe even biden? people in power get away with it. and the little guy gets screwed.
Comment by
Paray99 on Aug 10, 2023 2:57pm
They have to play it around since oil is marching towards $100..... and it will happen..... Good luck all oil investors!