February 8, 2016
Crude oil has bounced from the January lows at $26.19. There are so many moving pieces in this important energy market. In my latest work for Seeking Alpha I review the current divergence between technical and fundamentals in oil and explain why the recent U.S. administration proposal of a $10 per barrel tax amounts to a heads I win tails you lose scenario for consumers as money hungry government looks to pick pockets.
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