I sent an email to a friend yesterday saying that after the US Energy report came out that we had gained 6.9 million barrels of crude last week (which was a ton more than expected) that the price would go down, but then jump back up in the afternoon. Sure enough, I was right on target.
Yep. Interesting how the price will not go down even though our stockpiles are the highest they have been in 9 years.
Real friggin interesting.