Josh Young

@tparsi Higher oil prices are actually a good thing. https://t.co/RUkSKWpZu2

"only 10% of gas stations are out" That's huge. Reminiscent of the 1970s energy crisis. What happened to oil prices in the 1970s? https://t.co/EMnQlJoG9x

@entubao I hear refineries use crude oil as their main input

@entubao I hear refineries use crude oil as their main input

@SullyCNBC I agree. My firm published a white paper highlighting the small portion of household expenditure on gasoline, and the large positive economic impact of higher oil prices on the US economy. Could have helped prevent some big policy errors! https://t.co/RUkSKWpZu2

Remarkable disconnect between fundamentals (and oil price) and sentiment https://t.co/vtQ4HEbFyN

@rynokinsight I will admit I was wrong. I thought that $100 oil would attract investors into the space. I had no idea that investors would pre-empt the cycle and exit the space due to rising oil prices. Stunning and likely to lead to even higher prices. I'll take it. We're still early. https://t.co/YW5sdjUr5L

Oil net speculative positioning could go a lot higher. It is very low for $100 WTI! https://t.co/1cF6CVrinK

Oil net speculative positioning could go a lot higher. It is very low for $100 WTI! https://t.co/1cF6CVrinK

There are almost no oil bulls left. Net speculative positioning is absurdly low in the context of $100 oil, and this snapshot was from a few days ago, when oil prices were even higher. https://t.co/F95j7T2Exy