Sunday , December 22 2024
Home / Mike Norman Economics / Western Canadian Select oil

Western Canadian Select oil

Summary:
Ahh good old econo-moron "supply and demand!"...The price of is falling thanks to a brutal cold snap in Western Canada, where temperatures less than 20 below are literally freezing Canada’s oil, making it less viscous and difficult to transporthttps://t.co/TMNxk1E2AN— OilPrice.com (@OilandEnergy) January 16, 2020

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Mike Norman writes Trade deficit

Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025

New Economics Foundation writes What are we getting wrong about tax

Sandwichman writes The more this contradiction develops…


Ahh good old econo-moron "supply and demand!"...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *