Seeking Alpha

User 5272 » Comments » OIH

  • The Oil Scam Driving Crude Over $80 [View article]
    Wow - what's next? Black helicopters?

    It's really very simple. Supply and demand. Demand is climbing, supply has been flat for three years. Everything else is just noise. Just take an objective look at the EIA data (unless of course you think they're also in cahoots with the NYMEX traders, the government, big oil and the Easter Bunny) and the trend is obvious.

    But of course, if the facts get in the way of a preconceived notion, just find some numbers that can be shaped to your call it a conspiracy. Because heaven forbid you couldn't possibly just be WRONG.
    Sep 18 14:51 pm |Rating: 0 0 |Link to Comment
More on OIH by User 5272
Comments by Ticker
User 5272's
Comments Stats
15 comments
Rating: 0 (1 is - 1 is )