Hi Gian,
I was hoping to do more on this .... I don't understand where you see a supply problem ????

Supply is plentiful and demand is down. Somebody is "buying up these contracts"!!!

Remember (I think the $147 spike) when every tanker that would float was filled with oil just floating around in the ocean waiting for Price to go up !!!!

All they have to do (they have enough $$$) is bid up the prices and when the refiners finally need the product they have to pay it and we get screwed at the pump !!!!

Wall street does pay for those big buildings !!!! I have seen (been in) most of their "trading rooms/floors not just little rooms) and they are doing something with all of that crap !!!!!

Trades, Wayne are here also, maybe we can get some comments going on this subject.

I for one, can't answer your question ---- where do the couple of hundred thousand contracts wind up as settlement/expiry comes a long - but they do get shuffled off to future months and the game goes on !!!!!

Please comment !!!!
Thanks, Lee