Friday, January 16, 2015

It's Nice to Own a Tanker Stock

For example ...
Visit to see more great charts.
(updated link)

The more oil that is pumped -- and more will be pumped in the US this year and next year, according to the latest estimates -- the more oil has to be shipped.

The increase in production is happening despite lower prices. Production is expected to go up, just not as much as previously forecast.

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