What, they built oil fired power plants or is the country running on generators, lol?
“Necessity” commodities are in a speculative bubble again just as in 2008. So is corn.
Short the living crap out of the greedy b-tards.
I would imagine they are running their peak generators around the clock instead of just at peak consumption.
I agree there is a speculative bubble again. But there also is an oil demand factor here to offset much of the drop in US gasoline consumption.