Wednesday, March 09, 2011

How will the Euro affect scarce oil distribution within the EU?

In the old days of oil shortages, the stronger European currencies, such as the Deutschemark and the French Franc, had a clear advantage when bidding for scarce supplies. What now?

As Libyan oil fires light the desert sands and Bloomberg reports signs of panic buying in the market, this blog will supply the experience of decades in the oil supply business to provide thoughtful analysis of events as they unfold.

Read some interesting history from an earlier, similar crisis, that was posted on this site earlier this week, from here!

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