Posted on 01/18/2015 10:51:35 AM PST by expat_panama
MOAR Q€
Where do we get real-time demand data?Rigs are falling off a cliff (probably only 1/3 of the way through the decline though) so new production will grind to a halt but existing production is still growing.
U.S. Weekly Product Supplied
http://www.eia.gov/dnav/pet/pet_cons_wpsup_k_w.htm
Note the link above includes Natural Gas Liquids and like in the total. The link below breaks it out, but is monthly and farther back in time. The row “ Finished Petroleum Products” is what mostly comes out of the refineries.
Product Supplied
http://www.eia.gov/dnav/pet/pet_cons_psup_dc_nus_mbblpd_m.htm
To me it's like 'more-I-know-less-I-understand' mode, though our futures traders have determined that today is stocks up 0.13% and metals down 0.75%. Someone please tell me when I can come out from hiding under my bed...
1 bajillion dollars...
huh, looks just like oil. Coincidence?
Not all of us are that tech-savy; I had to look that one up:
From the movie “Charlie Varrick”
Walter Matthau’s Varrick is trying to fence off some hot money to a pawnbroker “Tom” played by Tom Tully.
Tom: “How much money we talkin’ about?”
Varrick: “A lot.”
Tom: “A whole lot?”
Varrick: “A whole lot.”
I only have 500 Googobsah so I’m a little short of my full time golf playing days :-)
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