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When the Godfather has to appear in D.C. in front of a bunch of reelection- scared electeds, it makes all the street guys nervous. The oil specs even get antsy......has to do with the oil futures racketeering specifically and COMMODITY KID Lloyd generally .
Surely after all these years of uninterrupted looting, these clowns won't get serious....would they ??
personally, i won't believe GS is puking until NG pops another 50 cents.
it does seem that , if you are bearish (bullish) equities, you should just trade oil with that bias.
supply dynamics not working for NG. I'm suspicious it's not a good tell on spot crude, but what the hell do I know. .
horizontal drilling has is crushing margins for non fractal operators. they say it is like a moores law of gas production. soon applied to Oil in Bakken. so you may be right yet.