By John Richardson
SICK today with a bad cold – hence this very short post. Will, hopefully, be back in full action, though, later today or tomorow
Meanwhile, here is some more background reading, which underlines myy argument that shale oil has become the new “swing producer”.
It is also all good see the constant broader recognition of the role that futures markers have played, for many years now, in distorting oil prices – and how new risks from speculation are emerging as the Fed’s quantitative easing disrupts the US dollar market, government bond markets, and so oil prices.
Be very, very careful out there.