Posts Tagged ‘transportation’
Oil Prices & Inadequacy Of Infrastructure
Tuesday, January 27, 2009 10:39 No CommentsAlthough volatility in most assets is sharply lower than it was in November, oil price volatility has continued to climb. This rise in volatility, and resulting near $30-a-barrel oil price, is reflecting the same imbalances in the energy market that $147 oil did last summer: namely inadequate investment in basic infrastructure to produce, deliver, store [...]