See, It Wasn’t 9 Million

There you go, the 9 million barrel estimate was too high. The real number was …7 1/2 million barrels!?

What the fuck is that, America?

Alright so the API was more right than not on this one. That is awful…just God awful. I don’t know what the hell is going on here; if it’s production ramping up or demand dying down or even just dark storage pools of oil finding its way back to market. I don’t know, but that is a terrible outcome for oil markets right now.

So, with that in mind, let us proceed to end game.

If you are in this industry and you are not positioned in the top three quarters of the field, you are going bankrupt. Bu-bye.