Why $100 Oil and $3.50 Gas Prices Might Become America's New Floor
[Note: Below is an excerpt from a piece I posted at Forbes.com this morning. The full piece can be read at this link.]
Vladimir Putin’s invasion of Ukraine Thursday sent oil markets into a frenzy, with the international Brent crude price jumping by 10% overnight to over $105 per barrel. The U.S. domestic West Texas Intermediate (WTI) price sat just below…
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