the lower the WTI price, the higher the US domestic production, why?

Discussion in 'Commodity Futures' started by upstar, Mar 22, 2015.

  1. upstar

    upstar

  2. xandman

    xandman

    I would like to see the relevant sales data. Kinda have an inkling of what's going into storage. Cushing is filling up and I have yet to see a big move on storage plays.

    One of my plays broke out but I think it's falling back into a range.
     
  3. Banjo

    Banjo

  4. Alternative explanation: The higher the US domestic production, the lower the WTI price (i.e., you reversed causality in the title).
     
  5. Banjo

    Banjo