EIA Reports Are Fraudulent : EIA Is Conspiring With Trump To Keep Oil Prices Low

[David Zernhelt + 6]

The price of crude oil has been on one hell of a roller coaster ride since right after October of 2018.  Time after time, it’s becoming more suspucious that things may not be as they seem.  Imagine very good draws in U.S crude, that if reported “truthfully,” those reports would make crude oil prices rise.  We all know Donald Trump doesn’t like high oil & gasoline prices.  I’m more willing to believe Trump is forcing the EIA to LIE ABOUT WEEKLY CRUDE INVENTORY REPORTS.  Why?  Because Trump wants to control oil prices to keep them down.  Of course Trump and the EIA would cover it all up.  Besides Trump casting good news and bad news in the oil market to gain largely off of his oil and inverse oil related investments, it’s a disgrace what’s going on behind the real scenes and Trump cheating the oil market, while deliberately hurting other investors and investments.  Trump cheated millions of people in his casinos that he had lost a long time ago, but he still lost billions of dollars throughout the decades past before running for President.  He built on his show in the past to acquire all the funds to even run for President.  I would say that Trump’s motive is REVENGE....and that revenge would be to cheat the oil market and make back more than what he ever lost & make profits beyond.  That’s what I think is really going on in the oil market today.  No one will ever have the proof of these wrongful artificial oil price changes, but I’m hoping it will all come to a hault by the time Trump loses the next election.  By then, I wonder if the damage Trump leaves behind at that point will permanently destroy the U.S. economy and the oil market?  So sorry that the worst in the Oil market has yet to come.  And I don’t care if some don’t believe me or think I’m crazy....oil price is headed down for a very long time and it’s not certain if it will ever rise up healthy again....part of Trump’s REVENGE he’ll leave behind.  If I’m wrong about all of this, then that will be a good thing.  Fear is overtaking the oil market right now.  Can you really blame it?  We’ll see what happens after Trump leaves office and NEVER GETS ELECTED TO U.S. PRESIDENT EVER AGAIN !!

AMEN !!!!!!!

Edited July 20, 2019 by David Zernhelt

[wrs + 893]

I don't think the EIA is lying but I think they are purposely delaying reporting on draws in order to massage the news flow.  The big draws haven't helped the market but the build previous to them have.  That works better than anything but I think Trump's motive on oil price is political and not financial.  Some of the people that advise him are surely telling him that he is toast if he lets gasoline get over $3/gallon and oil over $60 so the jawboning is clearly focused on cheap oil and expensive stocks.  Not sustainable though, I think he is going to fail because Iran is stirring the pot and so far, Trump and the Brits look like chumps. 

My guess is that the Iranians might take some more tankers and continue to press the issue.  I wouldn't be surprised if they let the crews go and then park the tankers in an area surrounded by mines.  Good luck getting at them without getting sunk.

Edited July 20, 2019 by wrs

[Falcon + 222]

1 hour ago, David Zernhelt said:

 .  .  .  .  .  .  Time after time, it’s becoming more suspucious that things may not be as they seem.   . . . . . . .  Trump is forcing the EIA to LIE ABOUT WEEKLY CRUDE INVENTORY REPORTS.   . . . . . . .  Of course Trump and the EIA would cover it all up.  . . .   And I don’t care if some don’t believe me or think I’m crazy.

WOW !   

As long as you don't care.

LOL

Edited July 20, 2019 by Falcon

[David Zernhelt + 6]

You’ll see when oil prices keep going down, down, & more DOWN !!  Give it time.  

[J.mo + 165]

Oh jesus. You again? You are like the Bernie Sanders child of the oil world bro. 

[Jakridge + 122]

4 hours ago, David Zernhelt said:

The price of crude oil has been on one hell of a roller coaster ride since right after October of 2018.  Time after time, it’s becoming more suspucious that things may not be as they seem.  Imagine very good draws in U.S crude, that if reported “truthfully,” those reports would make crude oil prices rise.  We all know Donald Trump doesn’t like high oil & gasoline prices.  I’m more willing to believe Trump is forcing the EIA to LIE ABOUT WEEKLY CRUDE INVENTORY REPORTS.  Why?  Because Trump wants to control oil prices to keep them down.  Of course Trump and the EIA would cover it all up.  Besides Trump casting good news and bad news in the oil market to gain largely off of his oil and inverse oil related investments, it’s a disgrace what’s going on behind the real scenes and Trump cheating the oil market, while deliberately hurting other investors and investments.  Trump cheated millions of people in his casinos that he had lost a long time ago, but he still lost billions of dollars throughout the decades past before running for President.  He built on his show in the past to acquire all the funds to even run for President.  I would say that Trump’s motive is REVENGE....and that revenge would be to cheat the oil market and make back more than what he ever lost & make profits beyond.  That’s what I think is really going on in the oil market today.  No one will ever have the proof of these wrongful artificial oil price changes, but I’m hoping it will all come to a hault by the time Trump loses the next election.  By then, I wonder if the damage Trump leaves behind at that point will permanently destroy the U.S. economy and the oil market?  So sorry that the worst in the Oil market has yet to come.  And I don’t care if some don’t believe me or think I’m crazy....oil price is headed down for a very long time and it’s not certain if it will ever rise up healthy again....part of Trump’s REVENGE he’ll leave behind.  If I’m wrong about all of this, then that will be a good thing.  Fear is overtaking the oil market right now.  Can you really blame it?  We’ll see what happens after Trump leaves office and NEVER GETS ELECTED TO U.S. PRESIDENT EVER AGAIN !!

AMEN !!!!!!!

And I guess the president will get away with this just like he got away with Russian collusion?

🤣😃😄😆

[Old-Ruffneck + 1,245]

1 minute ago, Jakridge said:

And I guess the president will get away with this just like he got away with Russian collusion?

🤣😃😄😆

Oh my Gawd!!! A new conspiracy that Trump is manipulating the oil market. Someone has tooooo much time on their hands.

[Jakridge + 122]

7 minutes ago, Old-Ruffneck said:

Oh my Gawd!!! A new conspiracy that Trump is manipulating the oil market. Someone has tooooo much time on their hands.

Yep, it's Trumps fault.....lol

https://www.wnd.com/2019/07/cnn-study-blames-president-for-premature-births/

Edited July 20, 2019 by Jakridge

[David Zernhelt + 6]

 LOL !!!!  

😘

[Tom Kirkman + 8,860]

This is hilarious ...

37 minutes ago, Jakridge said:

Yep, it's Trumps fault.....lol

https://www.wnd.com/2019/07/cnn-study-blames-president-for-premature-births/

There was an obvious need for the term “Trump Derangement Syndrome” shortly after the president was elected because there had to be some way to explain the extreme and unconnected-to-reality claims being made by the president’s critics.

One critic was Joe Biden, who called him an illegitimate president despite his resounding Electoral College victory over Hillary Clinton.

But now TDS has reached a new height.

CNN is reporting on a study that suggests President Trump’s election caused an increase in premature births.

Not all premature births.

Just those for Latina women.

The study published Friday in the medical journal JAMA Network Open found that in the nine months beginning with November 2016, reported CNN, “about 3.2 percent to 3.6 percent more preterm births to Latina women occurred above the levels of preterm births that would have been expected had the election not occurred, suggests the study.”

The report said, “Birth outcomes have long been used in medical research as indicators of acute stress among populations of women, and preterm birth in particular is linked with maternal stress, the researchers noted in their study.”

Alison Gemmill, a teacher at the Johns Hopkins Bloomberg School of Public Health in Baltimore, stated, “Because mothers and children are particularly vulnerable to psychosocial stress, our findings suggest that political campaigns, rhetoric and policies can contribute to increased levels of preterm birth.”

“I’ve seen it all!” said Twitter news aggregator Twitchy.

“CNN demonstrates that there is literally nothing they will not try to blame on Donald Trump.”

 ...

[Tom Kirkman + 8,860]

31 minutes ago, David Zernhelt said:

 LOL !!!!  

😘

Hillary is not amused.

 

[Douglas Buckland + 6,308]

14 hours ago, David Zernhelt said:

The price of crude oil has been on one hell of a roller coaster ride since right after October of 2018.  Time after time, it’s becoming more suspucious that things may not be as they seem.  Imagine very good draws in U.S crude, that if reported “truthfully,” those reports would make crude oil prices rise.  We all know Donald Trump doesn’t like high oil & gasoline prices.  I’m more willing to believe Trump is forcing the EIA to LIE ABOUT WEEKLY CRUDE INVENTORY REPORTS.  Why?  Because Trump wants to control oil prices to keep them down.  Of course Trump and the EIA would cover it all up.  Besides Trump casting good news and bad news in the oil market to gain largely off of his oil and inverse oil related investments, it’s a disgrace what’s going on behind the real scenes and Trump cheating the oil market, while deliberately hurting other investors and investments.  Trump cheated millions of people in his casinos that he had lost a long time ago, but he still lost billions of dollars throughout the decades past before running for President.  He built on his show in the past to acquire all the funds to even run for President.  I would say that Trump’s motive is REVENGE....and that revenge would be to cheat the oil market and make back more than what he ever lost & make profits beyond.  That’s what I think is really going on in the oil market today.  No one will ever have the proof of these wrongful artificial oil price changes, but I’m hoping it will all come to a hault by the time Trump loses the next election.  By then, I wonder if the damage Trump leaves behind at that point will permanently destroy the U.S. economy and the oil market?  So sorry that the worst in the Oil market has yet to come.  And I don’t care if some don’t believe me or think I’m crazy....oil price is headed down for a very long time and it’s not certain if it will ever rise up healthy again....part of Trump’s REVENGE he’ll leave behind.  If I’m wrong about all of this, then that will be a good thing.  Fear is overtaking the oil market right now.  Can you really blame it?  We’ll see what happens after Trump leaves office and NEVER GETS ELECTED TO U.S. PRESIDENT EVER AGAIN !!

AMEN !!!!!!!

Shouldn't this rant be under Geopolitics?

[Kirk + 12]

On 7/20/2019 at 6:21 PM, Tom Kirkman said:

"... his resounding Electoral College victory over Hillary Clinton."

Oh come on now. That's over the top. The Trump campaign caught a Hail Mary. They lost by 3m popular votes. I live in the midwest, the odds of catching a Hail Mary on WI, MI or PN again is slim to none. Florida is up for grabs. Arizona and Texas are turning purple, though should squeak through. In the midterms, the Democrats took state house seats, governorships and were up by 8.5m votes on Congressional races. 

The question we should be asking is that with the strong likelihood that President Trump loses next year, what impact will that have on oil markets and the economy in general? It's really tough to catch back to back Hail Mary's. It can be done, ask Aaron Rodgers, but it's not likely.

[Kirk + 12]

As for EIA reports, I pointed out irregularities months ago to my subscribers. I thought it had something to do with refinery maintenance and PADD 3 imports. Hard to know. Could President Trump be putting some pressure on EIA? I guess, but more likely his people just naturally fudge in the direction they think the boss man wants. We're likely to see some very big drawdowns relative to normal in coming months as IMO 2020 ramps up. 

[Tom Kirkman + 8,860]

5 hours ago, Kirk said:

As for EIA reports, I pointed out irregularities months ago to my subscribers. I thought it had something to do with refinery maintenance and PADD 3 imports. Hard to know. Could President Trump be putting some pressure on EIA? I guess, but more likely his people just naturally fudge in the direction they think the boss man wants. We're likely to see some very big drawdowns relative to normal in coming months as IMO 2020 ramps up. 

Sounds like you have a newsletter or something, as you mention "subscribers". 

Do you have a link to what you write?

[ceo_energemsier + 1,818]

On 7/20/2019 at 5:21 PM, Tom Kirkman said:

This is hilarious ...

There was an obvious need for the term “Trump Derangement Syndrome” shortly after the president was elected because there had to be some way to explain the extreme and unconnected-to-reality claims being made by the president’s critics.

One critic was Joe Biden, who called him an illegitimate president despite his resounding Electoral College victory over Hillary Clinton.

But now TDS has reached a new height.

CNN is reporting on a study that suggests President Trump’s election caused an increase in premature births.

Not all premature births.

Just those for Latina women.

The study published Friday in the medical journal JAMA Network Open found that in the nine months beginning with November 2016, reported CNN, “about 3.2 percent to 3.6 percent more preterm births to Latina women occurred above the levels of preterm births that would have been expected had the election not occurred, suggests the study.”

The report said, “Birth outcomes have long been used in medical research as indicators of acute stress among populations of women, and preterm birth in particular is linked with maternal stress, the researchers noted in their study.”

Alison Gemmill, a teacher at the Johns Hopkins Bloomberg School of Public Health in Baltimore, stated, “Because mothers and children are particularly vulnerable to psychosocial stress, our findings suggest that political campaigns, rhetoric and policies can contribute to increased levels of preterm birth.”

“I’ve seen it all!” said Twitter news aggregator Twitchy.

“CNN demonstrates that there is literally nothing they will not try to blame on Donald Trump.”

 ...

Were those premature births somehow related to the potential closing of the "anchor babies" loophole issue? and the illegal invasion of the Southern Border?

Since the 2016 elections, my allergies have become worse, a direct relation to CNN's reaction to the election results.

[ronwagn + 6,290]

On 7/20/2019 at 5:09 PM, David Zernhelt said:

You’ll see when oil prices keep going down, down, & more DOWN !!  Give it time.  

What is funny is that you think President Trump has the power to single handedly  destroy oil prices! Consider fracking and horizontal drilling, coal use increases, natural gas, ethanol, renewables etc. All are competing for the energy dollar. 

[ronwagn + 6,290]

On 7/22/2019 at 10:00 AM, Kirk said:

Oh come on now. That's over the top. The Trump campaign caught a Hail Mary. They lost by 3m popular votes. I live in the midwest, the odds of catching a Hail Mary on WI, MI or PN again is slim to none. Florida is up for grabs. Arizona and Texas are turning purple, though should squeak through. In the midterms, the Democrats took state house seats, governorships and were up by 8.5m votes on Congressional races. 

The question we should be asking is that with the strong likelihood that President Trump loses next year, what impact will that have on oil markets and the economy in general? It's really tough to catch back to back Hail Mary's. It can be done, ask Aaron Rodgers, but it's not likely.

The underlying trend is there but there may be another silent majority who are wiser than you. I certainly hope so. They saw through Hillary and the current Demoncrats are all nutcases. 

[Doyle Johnson + 14]

Bottom line, it is supply & demand that controls the price of oil or any other commodity, geo-political events can also have an effect, but that is just fear/caution that supply may be reduced. If supply is not rationally managed and becomes to great prices will fall. WTI is not rationally managed as there are to many small players in the game, they take turns going bankrupt and then somehow re-emerge for another round. Oil prices would be more stable if only 4 or 5 majors controlled most of WTI production, but that is not the American Way.

[Boat + 1,324]

Viewing oil prices from a more global perspective you could argue the sanctions on Venezuela and Iran have much more impact than any domestic conspiracy. Doesn’t Trump also support the General disrupting oil in Lybia.

Seems to me he is trying to expand the US potential oil market at the expense his enemies. The Eia /Trump collusion seems more far fetched and like chump change in comparison.