The Essential Podcast, Episode 17 : The Collapse of Cushing - April 20th and the U.S. Oil Market

About this Episode

How did a small town in Oklahoma and a group of inexperienced oil traders nearly sink the U.S. oil market and drive the price of oil to a point where it was cheaper than free? Dave Ernsberger and Richard Swann of S&P Global Platts join the Essential Podcast to explain what went wrong on April 20th and how a new benchmark for U.S. crude can integrate effectively with the global market.

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Show Notes

Listen to our previous episodes on the volatility of the oil market: Making Sense of Oil Markets and Oil Demand Part Deux – Prices Under Water.