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In times of cheap oil prices, the forward curve is often in contango.

That means that the price for a prompt delivery is cheaper than a delivery in the future. So if you go long crude with futures, each month you have to roll your contracts before they expire, and buy a more expensive one. So you end up paying a premium.

Kinda like if you want to store oil to speculate, you have to pay for storage.

You might as well buy a basket of oil majors stocks, which are a pure play on oil prices

We invest in things that should not be

Non paywalled version anyone?

US is very different than Europe, because you pay from your own pocket for a lot of things (eg healthcare) that are state sponsored elsewhere. Also factor rent in NYC/SV

Also worth checking: Skritter.com

I think he used to follow back a lot around the time when I created my Twitter profile :)

I hadn't thought about that use case yet

thanks! let me know if i can improve it

Hey thanks! You should get a reply from the bot when trying to post. Only the bot commands (/done, /upvote, /downvote) are available during the work sessions

A smart move would be a corporate tax at the European Union level

It is now ;)