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k-289
Esteemed Advisor

Petroleum Marketing

Interesting  numbers  on  the  fuels  portion  of  the  board  this  AM .   $upply  &  demand  resistance  mayB - ? ? 

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3 Replies
BA Deere
Honored Advisor

Re: Petroleum Marketing

Naomi Bloom was on Market to Market says how her charts say oil could go down in the $60s 

https://www.youtube.com/watch?v=cAKq6aNEp6g   

With Europe and wars and "rumors of wars" I don`t know if I`d be looking for the absolute bottom on covering fall fuel needs.   Buy it and hope it goes down more for spring needs.    I see Natty gas is $9, what`s up with that? 

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Hobbyfarmer
Honored Advisor

Re: Petroleum Marketing

"I see Natty gas is $9, what`s up with that?"

The price.

 

 

Exports to Europe to fill their storage. 

I saw this coming when I saw the build out in the export facility at Sulfer, Louisiana. 5000 workers on the day shift.

And stupid upon stupid they are still flaring it off in many fields.

k-289
Esteemed Advisor

Re: Petroleum Marketing

Seems  this  event$ ( Money Changers at  the  Chicago Temple )  on  Nat Gas . ,  will  accelerate  the  installation  of  Nuclear  Mini  Pods  for  electrical  generation ,  finally !  !   !         

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