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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (187521)12/31/2014 11:47:42 AM
From: Biomaven  Respond to of 206093
 
>>most of it has been ongoing for 2-3 years

Well there has been an extra million BOD or so out of the US over that period, as well as resumption of more Iraqi and Libyan oil. Offsetting that has been less Iranian oil, although maybe that has been leaking "unofficially" onto the market.

Peter