To: bananaman22
Oil prices currently have less to do with fundamentals and more to do with the exchange rate of the largest producer on the planet.
No, I will not elaborate; please do your own homework.
2 posted on
05/25/2015 12:02:36 PM PDT by
9thLife
(The dream is free. The hustle is sold separately.)
To: bananaman22
Oil gets put into storage when the price falls and gets sold from storage when the price rises. Neither action drives the price of oil, but is merely a reaction to it.
6 posted on
05/25/2015 12:28:16 PM PDT by
samtheman
To: bananaman22
Bump for reference. The Saudis want buying power with their oil.
12 posted on
05/25/2015 12:46:33 PM PDT by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: bananaman22
An article by Art “Peak Oil” Berman.
Snicker ...
14 posted on
05/25/2015 2:20:25 PM PDT by
stinkerpot65
(Global warming is a Marxist lie.)
To: thackney
I believe this is your bailiwick...
16 posted on
05/25/2015 2:57:33 PM PDT by
citizen
(WalkeRubio RIGHT For You 2016)
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