Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (103790)	2/11/2016 10:42:05 AM
From: rdkflorida2	Respond to of 207827

E, I would suggest that the "supply destruction" is happening at a much slower pace than most think. Many projects started before the drop have been continued to completion. At the same time the "predicted" increase in demand has not materialized. In fact increase in demand has been slowing. It should also be noted that many deep water wells coming on line in the gulf are producing at higher rates than predicted. U.S. imports of oil has dropped significantly. While all of the above has been happening Mid East oil production continues to grow. I could go on, but I think you get the point. I guess I took the long way around to say I think you are a bit early. Just my two cents worth. RDK