Oil And Petroleum Product Inventories Worse Than Last Year

We examine the EIA Data this past week, and it is interesting what a difference a year makes psychologically speaking as we have more inventories in storage across the board yet we are almost double the oil price versus this time last year in $53 a barrel versus $26 a barrel. There is a lot of fantasy Land thinking going on in financial markets right now.

Video length: 00:10:47

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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