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To: Jacob Snyder who wrote (3790)	10/20/2014 10:08:24 PM
From: Jacob Snyder	1 Recommendation Recommended By Return to Sender Read Replies (2) \| Respond to of 8239

Oil LT: $80 still holding: This is wtic, not brent price. $80 is close to the production cost for all the sources of new production (tar sands, deepwater, shale). All lower-cost oil sources are already fully developed. Therefore, there are good fundamental reasons for support around $80. Any sustained move below $80 would indicate a fall-off in demand (or anticipation of a fall-off).

To: Jacob Snyder who wrote (3790)	1/31/2017 10:58:40 PM
From: John Pitera	Read Replies (2) \| Respond to of 8239

the 200 week MA on the weekly chart is actually lower than 3.00... I see about posting a couple of charts