Thursday, March 29, 2012

Well, people have to drive!

Did you guys see that jaw dropping oil inventory rise yesterday? 7.1m barrels! I've provided a weekly run down for the year, so you can see how extraordinary this jump was.

Back on Feb 23rd I predicted the rise in gas prices would cave the economy before gas got to 5 bucks a gallon. Here. It was right around the time that President Money Bags was holding a press conference every two seconds about how the last thing a sitting President would want, was rising gasoline prices.

Although, he said it with a gleam in his eye. Because you know that's exactly what he wants. He hopes it will rescue the green energy industry.

Well, who is laughing now? I mean, I will go along with high gas prices - because it pisses off the masses. Pissed off masses don't re-elect sitting Presidents.

US crude inventories decline by 1.2m barrels Mar 22,2012

US crude inventories rise by 1.8m barrels Mar 15,2012

US crude inventories rise by 0.8m barrels Mar 7,2012

US crude inventories rise by 4.2m barrels Feb 29,2012

US crude inventories rise by 1.6m barrels Feb 23,2012

US crude inventories decline by 200,000 barrels Feb 16,2012

US crude inventories rise by 0.3m barrels Feb 9,2012

US crude inventories rise by 4.2m barrels Feb 1,2012

US crude inventories rise by 3.6m barrels Jan 25,2012

US crude inventories decline by 3.4m barrels Jan 25,2012

US crude inventories rise by 5.0m barrels Jan 11,2012

US crude inventories rise by 2.2m barrels Jan 5,2012

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