Gasoline inventories are going to hit historic lows and distillate over this summer, forecasts Paul Snakey of Snakey Research. He joins us to discuss the emerging crisis in U.S. oil product markets; the current battle between low refining runs relative to all-time record refining margins; and the choice to make gasoline or diesel, both of which are in increasingly short supply. Plus, new reports from Target and Walmart signal that more markdowns and price increases are likely to come. Stacey Widlitz of SW Retail Advisors tells us why free money, artificially high savings rates, and a lack of inventory leading to full price selling is now a thing of the past. And, will the stablecoin challenges seen in recent week lead to a better, strong ecosystem? Blockchain.com co-founder and CEO Peter Smith joins us to explain why he sees the current dip as a “fear based capitulation wave.” Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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