RE:RE:RE:Both CPI and Core CPI below consensusI agree with your assessment Wolf , we all know there is no magic production switch to get immediate results . Reminds me of an old TV ad , "you can pay me now or you can pay me (more) later"
BayStreetWolfTO wrote: We still need time for the capex/supply story to play out. Early innings imo
Just kicking the can down the road for now
HighOctane89 wrote: Last night I watched some of the Asian and European opens on CNBC , both district shows talked about energy for about 50% of the shows . The European show actually discussed the ridiculous attitude toward O&G particularily when it was governments that have forced the production slowdown . They went on to say it appeared that governments were sticking tax payers with the bill for government errors .
To my dismay , bnn still has their heads in the clouds . How do you go from an energy crisis to an energy surplus without any change in supply or demand ? There seems to be this naive sense that there will be shortages (but not here) in north america , will be interesting watching this play out .