The majors are shorting Brent and using WTI shipping invoices to cover

william the wie

Gold Member
Nov 18, 2009
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Obviously this hurts Brent oil workers but it hurts Iran and Russia worse. With one LNG plant shipping from the US already and bunches more on the way including at least one in Nome Alaska that I haven't yet seen on the map of any business news site. Nor have I seen it cited on any of the messageboards I check for news I might have missed. $40/bbls is now the high end of oil prices for quite a while, I hope. At about $30/bbl oil field bombing is quite likely.
 

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