Hurricane Harvey Triggers Oil Market Chaos

Posted by Michael Campbell

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ca 0901NID Hurricane Harvey Aug 24 online

 The most serious threat to the energy industry is hurricane damage to refineries including the largest refinery in the US. Damage to pipelines & storage means lengthier outages than many hoped. 3% growth in the US raises expectations for higher US rates while 19 Countries in Europe still have negative interest rates. 

….also from Michael: Creeping Socialism Creates Demand For Safe Spaces

ca 0901NID Hurricane Harvey Aug 24 online