by Jody Chudley
Daily Reckoning
Dear Resource Hunter,
This week, I felt I needed to sit down and put on paper all of the oil supply outages currently happening around the world. Combined, there is a lot of oil production off-line.
Some of them would have been impossible to predict. Others… not so much.
Oil prices are way up from the bottom that we saw in February, but I still believe the second half will be very good to those of us who are positioned to profit from rising oil prices.