You can locate ten or more sources on crude oil, folks whose job it is to know a lot about the black stuff, and you will find ten or more different opinions right now. I dislike it when things are so murky, but it is what it is. Here are some items for your morning reading.
Read the Latest News From the… http://t.co/X2u0Roe3Mg
— HYCM (@HYCM) April 8, 2015
— Alfa Energy (@AlfaEnergyUK) April 8, 2015
^Inventory reports will come out today at 9:30am central time. Last night’s API’s showed a wickedly high build in crude. If the EIA’s back that up, crude should fall today and possibly propane outmonths for a buying opportunity.
How Much Longer Can OPEC Hold Out? http://t.co/lXjK0g4BaW
— OilPrice.com (@OilandEnergy) April 7, 2015
^This is a question we discuss at the office a long time. With so many OPEC nations (and Russia) relying on petrodollars for social services, it’s a very real and serious question with large implications for your business and prices.
— David Blackmon (@GDBlackmon) April 8, 2015
^That’s not bullish…
— Vivian Krause (@FairQuestions) April 7, 2015
^That won’t help you make any money, but it’s a pretty neat graphic.
Thought for today…I was recently spending some windshield time and thinking back on the ‘best days’ of life. I came to this conclusion; it’s important to get the most out of every day and appreciate everything in it, because you never really know what the ‘best days’ are until they have come to an end…and by then, it’s too late to enjoy them any more than you did.