| Well I see that the rest of the world is trying to hold its ground this morning, but it’s still America that has to lead. After the EIA stats, you’d think that OPEC would finally get the picture. It’s as clear as Justin Bieber’s boat picture and the longer they hold out on a production cut, the longer they look a lot like the highlight of that pic.
In the United States we’re continuing to support the OPEC oil portfolio by adjusting week to week who falls in favor and gets to the United States. Last week the Saudis (+286K b/d), Iraq (+102K) and finally Nigeria (27K) found their way into the refineries and pockets of U.S. consumers...............................................Full Article: Source
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