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 - Horsepower Defined - by Staff. Indicated Horsepower This represents the power developed in the enine cylinder as obtained from the pressure in the cylinders. This is pressure obtained from an indicator which shows cylinder pressures. Indicated horsepower does not represent the actual useful power delivered by the engine. Brake Horsepower This is the actual horse power delivered by the engine to the shaft. It is equal to the "indicated horsepower" less the friction of the engine. It is useful hor
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