…to the Gulf Coast refiners. Of course, oil is fungible and if Canada exports their oil from their own ports it would have the same impact on world oil supply…

…From the consumer’s point of view, oil is now more expensive than it was in the wake of the first oil shock. From the point of view of businesses, oil…

…hold more. Now the price of crude includes the cost of holding that inventory essentially the oil exporters are supplying oil *and* storage. The price is higher than the price…

…about $4.25 a gallon for the “choke collar” to engage. 3. Vs. GDP Oil analyst Steven Kopitsin the past has written that every time Oil prices rise to a level…

…than half of the world’s oil, about 55% of it.  OPEC+ countries cooperate to reduce market competition and raise prices.  The cost of oil has dropped steadily during the course…

…work. Business Insider Oil Pricing Chart “Oil Prices Whipsaw as U.S.-Iran Conflict Shakes Markets,” OilPrice.com Report Crude oil prices experienced one of the most volatile trading weeks of 2026 during…

…oil at about $80 — where oil bottomed last year and again this year. Very few people are incorporating this structural change in the oil market into their analysis. Spencer…

…pacing supply. There is no need for any theories of hoarding or producers leaving oil in the ground or peak oil to explain the surge in oil prices this cycle….

…to Iraqi oil for the next 30 years, then any result guaranteeing oil profits for American oil companies would count as “victory.” Suppose the present killing and chaos were to…

…an estimate assuming sustained current oil prices). The oil shocks of ’73 and ’79 that preceded severe recessions are clearly visible. Also some economists have argued that the small increases…