Decision time, page-38

There is one last scenario guys and that is the US markets are pushing this rally and the rest of the world is jumping in for the ride just like what happened last year around Aug leading up to reporting time and allowing hedging to happen at a better level..which would push the production decrease further out and put the ball back into the Saudis court... just a theory of mine - still good though the US reporting season has several weeks to run....banks would be worried over their junk bond exposure from the US shalers - might be cheaper to pump the futures market in regards the poo - investors jump back in futures sold off for hedging giving US oilers another 3 - 6 month breather..

Still good for STO though but something at some point has to happen in regard world production - but thats another thing for down the road in the meantime lest see if they can push it back up to $40's or could we hope for $50's again out of this?