Is Oil About To Become Front-Page News? “A Glut That Held Prices Down For Years Is Essentially Gone”

Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in the market, with a rising spread indicating higher prices in the future, with all the inflationary pressures that that implies. From today’s Wall Street Journal: Trans-Atlantic Oil-Price Spread Soars as […]

The post Is Oil About To Become Front-Page News? “A Glut That Held Prices Down For Years Is Essentially Gone” appeared first on DollarCollapse.com.

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