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MacroVoices #334 Adam Rozencwajg: Understanding the Global Energy Crisis

Macro Voices

Is the White House Really Going to Release More 20 Million Barrels Out of Strategic Petroleum Reserve?

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On monday night, the bidenmin ration announced its intention to release another 20 million barrels out of the strategic petroleum reserve. That caused the market to drop like a rock because of more oil coming into the market. We'll also talk about the nord stream one pipe line being throttled back to 20 %. It's very clear to me that a puton is starving europe for gas, but giving them enough to hang on at least till the fall,. not allowing them to rebuild their supplies. But adam rosenswag has some very similar views and will share his view in the post game segment.

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