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79 comments on Higher Inventories but Demand Drop Slowing?
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79 comments on Higher Inventories but Demand Drop Slowing?
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Yes, this gap thing is somewhat silly. I figure it's a kind of colloquialism. But I'm sure you could understand what the poster above meant with this "gap", especially after it's pointed out to you that more storage is probably what is meant.
Words can have different meanings. There's no point in correcting people who keep using what you think are the wrong words over and over, is there?
HFat ; "I figure it's a kind of colloquialism."
Yes, I could agree with this, if this oil-supply-demand-gap-definition was well defined and understood, but I don't think it is. Many readers (people) swallow the consept that there is "gap-oil" somewhere ...
The reason I made a sceene of this is that I find these gap-arguments very misleading , to the extreme actually.
See what Noutram asks here "...any views on when the Supply-Demand Gap will close back up at present rates?"
HFat ,do you understand this ?
"... Gap will close back up?" I ask : which gap ? and back to ... to where .... to what ....?
With all due respect to all / Noutram : I don't understand this gap-thing ! you all are talking about.
edit:
As for all daily global oilproduction there is always "a gap" between oil in progress/temp.stored oil and actual sold oil for thet very day. Today this gap is more than last summer. BUT that has nothing to do with this SUPPLY-DEMAND gap "we" are talking about , no ? In this case there is always a SUPPLY-DEMAND gap. Always.