Even since that large collapse. I am thinking oil,but haven't really looked.
Domestic demand competes with oil exports.
The effect is to make the oil producing regions absorb excess surplus when demand grows. It is a skew in the oil business effected by sudden changes as two competing, but slightly separated groups. Oil is liquid, frackers produce it on the margin, makes it adapt quickly. 2% variation on oil is only a buck and change. But this has an outside effect on the national budget, a potential change in interest charges of 30 billion, 1/3 the size of a small state budget.
I like the idea of a diesel futures market for trucker, they will avoid sudden stop if they have that. Leave it as a problem for the reader.
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