Locator: 50249WTI.
All that talk about US running out of oil in storage? See this post.
Analysts:
- forecast: a loss of 600,000 bbls week over week; inconsequential, one-half day of Bakken production;
- actual: up 6.556 million bbls -- and mainstream media did not even mention it (?)
- off by a factor of 10x -- say what? Unless I'm missing something.
- what would happen if Trump banned US oil exports for 60 days instead of waiving the Jones Act for 60 days?
