It's unbelievable how little understanding there is of this imminent reality.
David Dayen
I'm not sure people -- including people inside oil futures markets! -- really get it: this is all going to get much worse.
If you won't listen to me, listen to f'ing Exxon!
The price of physical Brent oil cargoes will spike to $150 to $160 per barrel once inventories hit all-time lows, Exxon executive Neil Chapman said.
