Deflation
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Iran’s Floating Oil Hoard Swells
Bloomberg Television· 2026-07-05 23:17
Yes, Paul. Well, first of all, I think when you're driving that down that new Jersey Turnpike, when John is I think by the end of this year, you're going to be paying $2 a handle for gasoline versus 380 right now. It's a typical cycle.I'll be publishing that on Monday when we come back. It's it's a normal cycle. But the key thing about crude oil is we're learning the lessons of elasticity.And it just reiterated that major trend in the world of the Western Hemisphere becoming the price maker status. Now, you ...