Crude rallies?

Aside from “I told you so”, the general consensus in the oil circles is that we’re hearing rumors about a surprise oil inventory draw coming up tonight/tomorrow.  We’re putting this one on the back burner for now because we haven’t heard about the API hiring Mark Felt recently.

Now for those that can think outside the box, we think that the chances the QE tapering is going to get tapered.  Money is flowing in across the board and it’s easier to use money when it’s cheaper today than it’s worth tomorrow.