The US has been hiding oil numbers in there weekly oil report for the past 4wks or so. This is usually a sign that there trying too support that price level or reverse the price trend.
Trouble this time with that game plan is the people have really curbed there use of oil thus they can't hide oil inventories any longer and were seeing large excess inventory reports.
This is the same scheme they used last year to drive the price up too $147.
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
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