Hurricane season coming - it will be bad! I live in the Deep South not far from the offshore oil drilling rigs. The governments down here are basically telling us that we will be on our own and folks are loading up barrels of gas for this especially since gasoline is only soaring.
It was thought that those option buyers were daft when they were buying oil futures at $150 per barrel when oil was in the 90s's. They are looking more like geniuses since they bought for like pennies and will be selling for dollars!
And meanwhile where is our Recaf oil? Still in the ground!