Breaking down the Energy Price Shock and What May Happen Next
The Investopedia Express with Caleb Silver
00:00
Is the Us Energy Independent?
We get several million barrels a day from canada. But our gulf coast refiners, really the bread basket of the united states refined product industry, were built for heavier sour crudes. Backwardation is in the commodity market is the reflection of real tightness here and now. Soa, it's a glimmer of hope, but for now it's the scary times we're in.
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