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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: rdkflorida2 who wrote (16524)	8/15/2023 1:44:46 PM
From: Kirk ©	Read Replies (2) \| Respond to of 26764

US Crude Oil production is only now matching 2019 peak of four years ago. This is fine if demand has fallen since then. The $5+ I paid at the pump the other day seems to say demand is higher than in 2019 when Trump was president. If Global DEMAND is higher now than in 2019... expect higher prices. RDK: Too stupid to understand... Stupid people do not understand supply and demand it is that simple. SO true. Thanks for proving it. Do you have an official site saying production has reached ATHs? I'm sure we're close but I've not seen it announced by the EIA. Do you have a site showing the demand for crude? Like you said about stupid people, talking price and supply should include a discussion of demand. I won't get into your name calling as it just shows your arguments are lacking. From U.S. Field Production of Crude Oil (Thousand Barrels per Day) (eia.gov)