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To: thackney
more oil is going out of storage than oil is going in.

That's "kind of a big deal".

5 posted on 06/15/2015 5:52:43 AM PDT by Rodamala
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To: Rodamala

It is until you realize that they have filled their storage capacity. What that really means is that instead of putting the glut of oil on the market and watching the prices crash they tried to store it to defray the prices falling. Now they are full and they don’t have many options.


8 posted on 06/15/2015 6:20:55 AM PDT by Durus (You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
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