Submitted by Dirtperson Steve
Remember when there was a surprise jobs data release when Obama was President right before an election? Then, a month after they found a “clerical error” had overstated jobs data by a lot. Now they are understating gasoline use which drives down prices in the open market and the pump, just in time for the election. Even Bloomberg reported on this since the numbers don’t add up.
After their correction prices will skyrocket.
Dodgy Demand Data? The Oil Price Collapse Conspiracy
- WTI oil prices have given up nearly all their gains since Russia invaded Ukraine, falling roughly 9.5% over the course of the week amid fears oil demand is collapsing.
- Some oil pundits are now claiming that the Biden administration has been fabricating low gasoline demand data in order to drag prices lower.
- While Gasbuddy claims there was a 2% rise in gasoline demand last week, the EIA reported a 7.6% drop in demand.
Continue reading “THEY ARE COOKING THE BOOKS”
