Tuesday, July 2, 2019

Oil Price (WTI)

The "puck chasers" on Wall Street have expressed their "loss of love" for the oil and gas sector.  The chart below illustrates the rollercoaster ride of oil prices the last 3.5 years.  It's hard to plan a business when your product's price is so dynamic and unpredictable.  Venezuela, Russia, Iran, Saudi Arabia, and our tweeting President will likely keep this "wild ride" going for some time.

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