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Energy Investing
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Re: POO up $.55 now...is thisABS should start the game tomorrow by putting a million b/d into storage. Then cut output next month by a million, but keep putting a million into storage. In other words take 2 million b/d off the market until the shorts are burned enough to capitulate. ABS could put oil into storage at $75 and sell it later for $100, maybe to thosebsame shorts so that they could cover their trades. |
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