Looks like Crude is up 8.2 Million barrels
Saw on CNBC Google "Gartman: Oil near bottom" you will find it.
Today ( march 23 ) he says it is at the bottom. So in 3 days he completely changed position.
If you shut down the low producing wells but ramp up the productive wells, production dont go down. These Cos. need to pump oil to stay afloat. Even if the price is low. They need the cash flow.
He is looking and sounding old.
Here it comes.
in RI went from $2.00 to $2.43 In 2 weeks.