Whitney Baker on Why "Immaculate Disinflation" is an Illusion | #453
The Meb Faber Show - Better Investing
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SPR Releases and Supply Disruption in the Global Oil Market
There was a lot of speculation going on and there was a physical supply disruption in the spot market. But this whole time, I guess you could maybe justify the SPR releases around that particular time as responding to a legitimate war driven or like event driven supply disruption. And ever since the Russian invasion, not only is that geopolitical risk premium coming out, but they've been releasing something like an average of 880,000 barrels a day. So it's pretty clear to me that that huge flow is not only going to stop in terms of that selling, but they then will ultimately have to rebuild.
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