It may be subject to revision, but it seems data from the states in January has production crumbling everywhere, making a mockery of the EIA's weekly algo driven production numbers and Goldman's "rig counts don't matter" lies that were repeated endlessly. Tough to peddle that lie now it has fallen apart.
Will storage be the next lie to fall over?
As our passive aggressive little friend likes to say "imho dyor". LOL
SEA Price at posting:
45.0¢ Sentiment: None Disclosure: Held