Mark Gilman
Mark Gilman
changed highs increase lows marked oil price seen sure
We've seen a marked increase in oil price volatility. The lows are lower, the highs are higher, but I'm not so sure that structurally things have changed so much.
chavez hawk hold lose negative oil power prices principal
Chavez is a hawk on oil prices and always has been. His hold on power is getting increasingly tenuous. This is very negative for intermediate oil prices -- OPEC could lose its principal hawk.