Death comes to us all. Life's but a walking shadow | The price of oil is up, as is the price of gasoline. And have you actually looked into those storage tanks at Cushing youself? I haven't. They have been predicting that those tanks were going to overflow every week for sometime now and yet it hasn't happened. At some point all the damage that can be done to the oil companies will have been done, reserves written down, losses taken, new ownership takes over, production cut back either by design or circumstance.
We know that money's coming back into the oil sector and when that happens the pressure to pump will decline and a new paradigm will be established.
Edited by 1234 3/6/2016 19:05
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Time to buy back 2016 corn?
