VBIN's oil stock thread.

[fenders53]

I will read the comments later, and definitely with some recency and anecdotal bias. I've only seen demand not be quickly snuffed out by excessive supply about once in the past ten years. So much capital lost in between. Increased demand is meaningless if it can be met in a few months. A short-term spike in oil prices has little do with oil stock prices a few quarters later. I don't trade the commodity so that is what matters to me as a dividend investor. Whether you intend to trade or invest is very relevant IMO. And I'd like to see a supply chart. What if the world supplied 90% of max capacity for a sustained period. I don't know what that number is.