Inland Insider

摘要

I take pity on rational people that try to get a grip on the U.S. energy market, particularly oil. Consider some of the typical headlines: "No Relief in Sight for Crude," "Output Forecast Lifts Crude," and "Brent back above $50 on U.S. oil output hopes." Meanwhile, domestic crude oil prices briefly declined below the $40-bbl. barrier before rising above $40 marked by disagreement about the duration and intensity of further price decreases and increases. (West Texas Intermediate (WTI) closed at $47.81 bbl. on Oct. 7.).