Oil is trading at $150/barrel in Asia. The same oil is trading at $100 in America. A $50 GAP — for the SAME commodity.
Insights for Navigating an Uncertain World
Oil is trading at $150/barrel in Asia. The same oil is trading at $100 in America. A $50 GAP — for the SAME commodity.
🚨🚨🚨 THE OIL MARKET JUST BROKE IN HALF. TWO DIFFERENT PRICES. TWO DIFFERENT WORLDS. THIS HAS NEVER HAPPENED BEFORE. 🚨🚨🚨
— Dr. JiHoon Park | IQ 312 (@Jihooncrypto) March 18, 2026
Oil is trading at $150/barrel in Asia. The same oil is trading at $100 in America. A $50 GAP — for the SAME commodity.
Let that sink in.
The global oil… pic.twitter.com/0zINgbmd9i
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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