Oil traders' excessive bullishness should be a red flag, because production forecasts don't equate with near-term shortages.

When President Trump’s Interior Secretary Ryan Zinke announced his agency will expand energy development to include the United States' offshore reserves, myopic naysayers rose up in a single voice of protest against Zinke's proposal.

Fully operational since June, the Dakota Access Pipeline is lowering transportation costs, reducing tank car usage, reducing environmental and population risk, improving South Dakota’s financial condition, and putting the lie to the criminal environmentalist movement that tried to stop it.

Production from the Permian Basin, all by itself, is driving another nail into OPEC's coffin.

Oil at $45 a barrel next summer would drive gas prices below $2 a gallon, again.

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