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June 2, 2016

We Better Start Getting Some 10 Million Barrel Drawdowns in Oil Inventories (Video)

By EconMatters


Gasoline demand is good, but Distillate demand not so much on a year over year basis, and per-well costs are down 25% to 30% from 2012 high levels for upstream costs for onshore plays. The Real Question is when do the Sharks start front running the end of the Summer Driving Season?












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Item Reviewed: We Better Start Getting Some 10 Million Barrel Drawdowns in Oil Inventories (Video) Rating: 5 Reviewed By: EconMatters