ES Journal - 2019/2020

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What are you measuring, Flip?
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Exactly. Today's market "smells" of the Feds buying CL futures. After the EIA report, we should be in the 19's or lower....instead we are hanging in the 20's. Sniff, sniff.
Yesterday, DOE announced they're working with the producers to lease out 23 million barrels of capacity at Strategic Petroleum Reserve.
 
Crude (CL) holding above $20.00 on recent news that the federal government is contemplating a program to pay oil drillers not to drill. I can't find the article online.
 
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