Traders are morons if they don't look at refining capacity. It is the indicator of demand for the raw product.

I agree they are responding to imagined restrictions, which is not rational thinking.

I see a lot of excessive paranoia spiking the price of oil.


Brad "Diva": 2004 Mazda 6s 5-door, Volcanic Red Rex: 1988 Mazda RX-7 Vert, Harbor Blue.