This is how it starts ....

[dan_s]

When Wall Street firms think they have made all they can on the downside, they suddenly become bullish on oil & gas. This is EXACTLY what happened in mid-2009. As I have been saying for months now, the oil market will be much tighter by year-end. The article from Reuters below is just the start of a change in the tide that I think we will be seeing soon. - Dan

LONDON (Reuters) - "Massive downward revisions to oil output in Brazil and Iraq have increased the risks for oil markets of going from the current feast to famine within just a few years, leading to a price spike that would give a new boost to the U.S. shale industry".

Read This: http://finance.yahoo.com/news/oil-bull- ... 38870.html

Also, Raymond James has published two reports recently that detail how both the EIA and IEA are overstating 2nd half 2015 production and understating demand for refined products. If you want to see these reports, send me an e-mail (dmsteffens@comcast.net).