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<p>[QUOTE="InfleXion, post: 1721944, member: 29012"]I posted the graph in the context of showing how backwardation has impacted physical outflows which was the topic at hand, not overall inventory levels.</p><p><br /></p><p>If other people want to incorrectly assume that means inventories are at historic lows then shame on them. I did not think that nor did I imply that. I understand you wanting to clear the air about the graph which is fine.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1721944, member: 29012"]I posted the graph in the context of showing how backwardation has impacted physical outflows which was the topic at hand, not overall inventory levels. If other people want to incorrectly assume that means inventories are at historic lows then shame on them. I did not think that nor did I imply that. I understand you wanting to clear the air about the graph which is fine.[/QUOTE]
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