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227 - Crunch Time for Energy

The David McWilliams Podcast

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Is There a Supply Problem in Europe?

Yen: Nothing will make a supply problem more likely to happenis if every one tries to go to the petrolis station and undera fill. And certainly prices of thissell are going to remain high for for the forsable future. I do think that if europe has an oil problem in the next probably three to six months, that problem fist will manifest on the disnal marketthat's close against fastesan. This is unique. You have to go to 19 73, 70 for the first oil crisis, to see something similar. There is nothing similar in forty, forty five years that i have ever seen, and certainly there's a lot of gray hair already on my head

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