Matt Randolph

But this inventory report and the next one and the next one are going to be the biggest driver of gas prices.

It's not actually going to be oil prices because when your inventory gets this low, oil prices can drop and your gas can still rise a lot.

Like if we haven't... No, we're at max.

We're at max.

Yeah, we're already at max.

Or stop exporting.

So after tomorrow's report...

After tomorrow's report, our inventory levels will be lower than they were in 22.

That's what I'm saying.

And that's tomorrow.

Right.

With more tankers coming until mid-August.

This is bad is what I'm saying, Matt.

This is really bad.

Because even if the Strait opens today, those tankers are coming until mid-August.

That's how long it takes to cycle the world with oil and gas.

It's going to get to a point where I think he has to do it.

But the problem is he's done nothing but celebrate the fact that these tankers are coming.

But I fear that it's going to get to the point where he's forced to do that.

There was a story out today in Reuters about how that is coming.