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Oil bust inevitable

C Pav said:
Still $3.89 here.
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Bruce Campbell Hello GIF


I feel like they are dragging us out here trying to milk all the tourists before they leave for the winter. Remember how this works, they will drop us down eventually lower here, then once the Spring hits we will bump back up to abou9t $4.55, then middle of summer we should break $5.00. Like clockwork.
 
Down to $3.54 here today. WTI been getting crushed lately so the move down makes some sense.
 
Down to $3.37 today. Will be interesting to see how the new war/fighting changes oil trajectory.
 
I was just thinking yesterday driving home for lunch with the military stocks tanking and oil going down, there will be something new come up to drive them back up, then I wake up this morning to Israel at war, right on schedule.
 
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