and a barrel of this over supplied commodity headed to 70.
Sentiment: Strong Sell
very articulate and well reasoned comment. funny how cushing inventory is down 30% since January.
For every drop of oil that the US brings out of the ground this year, China will use 2. In 10 years they will use 3-5 times as much oil as we do.
Well, china will buy every drop on planet earth. Oil rises, oil falls.. buy low- sell high...
Sentiment: Strong Buy
China owns all our oil all they have do is call in all them American markers they bought.