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MacroVoices #295 David Hay: The Case for Greenflation

Macro Voices

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Crude Oil Inventory Crisis

Cushing, oklahoma is having an oil inventory crisis. The arbs are open out of cushing to the gulf coast. They're drawing a lot of oil out. There us production 11 point three million barrels unchanged. Could turn the brent w t i spread upside down. But again, high prices cure high prices.

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