Thursday, October 16, 2014

iPhone Diaries #719: cheaper gas

The Middle East is burning, Russia is holding on to its gas, and Alberta can't get it's oil to market. The Thanksgiving long weekend came and went and price of gasoline was at a six-year low. What gives?
It looks like a seismic shift in underway in the marketplace with profound repercussions for OPEC, Israel, fresh water (fracking, tar sands) the valuation of energy corporations, pension funds, etc.

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