The Soapbox

nyhoo

Joined: 08/14/1998 Posts: 1540
Likes: 1286


Turned out to be a great political move and would have been a very good


trade as well if we had started to replenish in Q1 and Q2. For the life of me I don't understand why we didn't - especially when it was obvious that OPEC could not increase production and prices were going to be hyper-sensitive to supply issues. When you add the SPR to the sector data, inventory is at scary low levels - and has been for some time.

Maybe it's not so hard to believe when you have a know nothing politcal appointee such as Jennifer Grantholme handling the DOE.


[Post edited by nyhoo at 11/01/2023 12:41PM]

(In response to this post by Tuckahokie)

Posted: 11/01/2023 at 12:39PM



+3

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Current Thread:
  Not to be a pollyanna about it, but... -- CMUHoo 11/01/2023 12:34PM
  Exactly. ** -- Seattle .Hoo 11/01/2023 1:07PM
  We can't buy oil anymore? ** -- Seattle .Hoo 11/01/2023 12:20PM
  NM** -- WaxHoo 11/01/2023 12:15PM

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