The Oil Black Swan Is No Longer Just A Sighting…

(Before It's News)

by David Kranzler
Investment Research Dynamics

It’s overhead and landing: OPEC Sees Weakest Demand for Its Crude in 12 Years in 2015

I got news for all the analysts and investors who want to believe that the U.S. economy is fine and the rest of the world is in trouble: the U.S. is BY FAR the world’s largest oil consuming country - EIA link – consuming nearly twice as much oil as #2 China.

If oil demand is weak, it’s because end-user demand is weak. That means demand from U.S. companies and consumers is weak. That means the U.S. economy is much weaker than the narrative being vomited out by Wall Street, Obama and the Fed.

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