Newsletter - August 6
Posted: Tue Aug 06, 2019 9:08 am
I know that the images in the newsletter are fuzzy. We are going to try to sharpen them up today.
We were working on the newsletter until 11PM on August 5 and could not get the images and charts as clear as I wanted them. I made the "Executive Decision" to go ahead and send it out this morning anyway. Computers can do weird and very frustrating things (like children). I've had some computer/intern issues this week with Comcast, so that may have caused the images that I emailed over to Jeff (our "tech guy") to get fuzzy. Who the heck knows!
I urge all of you to focus on the images at the bottom of pages 2 and 3. They clearly show why higher oil prices are needed to stimulated more supply growth and they better come soon or the global oil market could be facing a significant supply shortage in just a few months.
BTW "Back in the Day" when the world was rational, the stuff going on with Iran and Venezuela would have already caused oil to spike by $20/bbl.
We were working on the newsletter until 11PM on August 5 and could not get the images and charts as clear as I wanted them. I made the "Executive Decision" to go ahead and send it out this morning anyway. Computers can do weird and very frustrating things (like children). I've had some computer/intern issues this week with Comcast, so that may have caused the images that I emailed over to Jeff (our "tech guy") to get fuzzy. Who the heck knows!
I urge all of you to focus on the images at the bottom of pages 2 and 3. They clearly show why higher oil prices are needed to stimulated more supply growth and they better come soon or the global oil market could be facing a significant supply shortage in just a few months.
BTW "Back in the Day" when the world was rational, the stuff going on with Iran and Venezuela would have already caused oil to spike by $20/bbl.