by Summary:
2008 type of collapse: Lowest ever: Saudi OSPs are still at premiums to fair market value, and the price trend is still up. If it keeps going all heck breaks loose: The President threw the strategic petroleum reserve at it, and lots of other nations did the same, to no avail. And the calendar spreads in the futures market is indicating absolute spot shortages:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
2008 type of collapse: Lowest ever: Saudi OSPs are still at premiums to fair market value, and the price trend is still up. If it keeps going all heck breaks loose: The President threw the strategic petroleum reserve at it, and lots of other nations did the same, to no avail. And the calendar spreads in the futures market is indicating absolute spot shortages:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
Lars Pålsson Syll writes The Law of Demand
John Quiggin writes What I’ve been doing and saying
Dean Baker writes Neoliberals do not like a free market, but they want you to think they do
John Quiggin writes Would Democratic Socialism be Better?
2008 type of collapse:
Lowest ever:
Saudi OSPs are still at premiums to fair market value, and the price trend is still up. If it keeps going all heck breaks loose:
The President threw the strategic petroleum reserve at it, and lots of other nations did the same, to no avail. And the calendar spreads in the futures market is indicating absolute spot shortages:
