I’m stunned the inventory numbers aren’t concerning more people. We are getting to levels where a singular event could cause major disruption to the economy via oil prices making another large leap higher. I’m talking $70-$100 bbl more, not $10-$20. If the first chart on the left below doesn’t scare you, you’re not reading it correctly.
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Subs: Not Just Oil Now
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Subs: Beat and a Raise…..Again
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Capitulation???
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Scary Chart
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Buying Opportunity
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Oil Inventory Keeps Falling
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Subs: Buying More
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Subs: Selling Everything
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Subs: Consumer Risk Reduction
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