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SPDR S&P 500 ETF Message Board

  • hyperinflationhyenas hyperinflationhyenas Mar 6, 2013 12:07 PM Flag

    Crude Oil: The Highest End February Inventory Level Since 1931

    What was going on in 1931? ROLMFAO-You tools are going to lose.

    "EIA monthly data shows that the current weekly level, for March 1, would rank as the highest end-February inventory level since 1931."

    Sentiment: Strong Sell

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    • the Energy Information Administration said supplies rose 3.83 million barrels, more than four times the 788,000-barrel median estimate in a Bloomberg survey of analysts. Refineries operated at the lowest level in almost a year

      And gasoline prices are well over $4 Bucks in many markets. And what is the EXCUSE this time?
      Notice that they have not been able to use the old excuse : Doh! Why is Gas is so expensive? Well, We haven't built a refinery in over 40 years.
      And don't forget, when gas was high when Bush da prez it was because he was a "BIg Oil Guy".
      And why is gas so expensive now? Because Barry is full of ,,,,,,,,,,,,,,,,,,, Gas....................

 
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