How Long Will $100 Oil Last? Hormuz, LNG and Coal Are Writing Your Winter Fuel Bill
Brent closed Friday at $109.86 and the futures market prices $100 oil into spring. Gas costs about nine times more in Europe and Asia than at Henry Hub, the U.S. benchmark, coal demand is headed for a record, and five of the world’s eight oil chokepoints have trouble. Here is what it means for your […]
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