As Tesla shareholders, we are painfully aware of how much the price of oil can move this stock. The stock is correlated with oil in the market whether we whether a fundamental connection exists or not. Worse yer, oil has become quite volatile since it began falling in mid 2014. It has been in oversupply fir two years and has accumulated an historically high inventory of oil in stirage. The economics of storage tends to place both a lower and upper bound on the price of oil for the foreseeable future. I believe the lower bound is in range of $25 to $30 and the upper bound $40 to $45. These bounds depend on the oil futures curve and the cost and availability of storage capacity so long as the market is in oversupply. Thus, with these caveats, oil is likely range bound. Tesla investors can use this information to hedge oil sensitivity out of their Tesla position or to make a conscious choice to be net long or net short oil. The purpose of this thread is to discuss oil trade and how to manage oil price risk as a Tesla investor.