Apr 27, 2017
6:38:34pm
WDaddy All-American
The first paragraph agrees with me. From a demand perspective though, it talks
About fuel economy as the primary reason the demand curve has dipped. In any case, the supply side is just too saturated and continues to depress prices.

I hold a large short position in oil right now and I can tell you that none of the traders are talking about clean energy as an immediate threat to oil prices. Were talking supply builds/draws, rig counts, etc.

Clean tech will have it's day but not right now. If it is having an effect on oil prices it's an afterthought compared to supply.
This message has been modified
Originally posted on Apr 27, 2017 at 6:38:34pm
Message modified by WDaddy on Apr 27, 2017 at 6:40:07pm
WDaddy
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