"The United States draws its SPR; the world prices off the suppressed signal. When Cushing hits its operational floor — a matter of weeks at current trajectories — the self-correcting mechanism arrives not gradually but abruptly."
Sounds bad. www.carlyle.com/carlyle-comp...
Jeff Currie suggests that markets are mistaking temporary relief from Chinese demand flexibility and strategic inventory drawdowns for a lasting improvement in global energy supply, which is underpric...
