U.S. Oil Production Growth is slowing

[dan_s]

As I mentioned in my July 27 podcast, U.S. oil production growth has slowed.

Read: https://www.yahoo.com/finance/news/perm ... 00345.html

I have been tracking EIA and IEA supply and demand forecasts for decades. They both tend to over-estimate supply growth and under-estimate demand growth. I suspect it is because the people that sign their paychecks want lower fuel prices.

More: https://www.investing.com/analysis/the- ... -200446063