Goldman Sachs’ Jeff Currie warns paper crude near $100 is far below physical oil markets trading $130 to $170. Citi lays out two paths for U.S.–Iran war

🚨OIL UNDERPRICED BY FINANCIAL MARKETS Goldman’s Jeff Currie says 'paper' crude oil near $100 is disconnected from physical markets trading barrels between $130 and $170, with refined products above $200. A clear disconnect between paper and physical oil trade. pic.twitter.com/Tzoy4AnLZq …

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The $130 billion train to nowhere.

In the annals of stup*d and poorly run schemes, the California High-Speed Rail project ranks among the worst. Its future, even a dramatically scaled down one, has become ever more precarious since the Trump administration’s Department of Transportation rescinded $4 …

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