Forget The Glut - This Is Why Oil Prices Will Rise

The rate of oil production decline in the United States will accelerate in the 3rd quarter. It has already started. Per the EIA: In the last six weeks:> U.S. oil production has declined 222,000 barrels per day.> U.S. oil imports have increased by 512,000 barrels per day.Crude oil in U.S. storage facilities