PPS's Big Problem Getting Better?

[Putncalls]

The oil supply imbalance went from +1.8million to +1.3million last month. production declined by 190,000 demand increased by 320,000 BPD

http://finance.yahoo.com/news/suggests-o...17420.html

[jft310]

The oil price cycles . Over reacts both ways . Like a pendulum . Close to a swing back up next few months .
We care about 2021 not today .

[Putncalls]

LNG market expected to keep growing twice as fast as NG (5%/YR). Another 150 MT/YR needed by 2020. My note is that there are only 130MT/YR under development.

http://www.downstreamtoday.com/news/article.aspx?a_id=50203&AspxAutoDetectCookieSupport=1

[jft310]

Puts-excellent article thanks .