Just like Icarus thinking he could fly to the sun. I’ll leave it at that.

Hmm looks like good R/R to go long

For reference. Looks pretty dismal to me. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCSSTUS1&f=M

It’d be a shame if oil started going up in the face of that… https://damus.io/note12rv3xvzgn9fg0j96cgmsl969xpwd6t3h42m9jmpzg2tttjetcj3qz5yfvv

If/when recession hits, will lower demand cancel this concern out? Or maybe they are letting inventory deplete knowing a hard landing is coming.

Anyone care to elaborate? I'm a rtrad.

All paths lead to sustained stagflation. Lost decade.

“Petroleum Price Reduction Act” coming soon…