KPNX Mad Money September 1, 2016
Crushed so badly, down 1. 78. Weve got inventory numbers that indicate we have oil coming out of our eyeballs. How much . Total petroleum rose to 2. 1 billion barrels. Were being flooded with crude from overseas and still pumping here. Weve found a triple off the bottom. Theyve found out how to get more out of the ground than they could two years ago. In the last 18 months it should dazzle silicon valley. The reduction of Oil Consumption investors must presume there must be slackening in demand due to a weakening of the economy. They never stop to think about innovation, technology. I get that...