The last two weeks have followed a pattern of oil dropping prior to the Wednesday report (oil dropped Tuesday the previous two weeks) - as much as $3-4, and then roaring back to higher highs following the "surprising" Wednesday report.

I don't get why it's a surprise, however. Robert has essentially told us flat out that the refineries will draw their inventories as much as possible in order to wait out these high prices, so why would anyone be surprised when we see another 3-5 mb draw this Wed? But, I am predicting oil will close above $100 on Wed due to this sort of dynamic.