New post from Oil and Glory The Weekly Wrap -- March 2, 2012

New post from Oil and Glory

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The Weekly Wrap -- March 2, 2012

Posted: 02 Mar 2012 04:30 AM PST

Surging oil, but a paradigm shift in the U.S. economy: Against the drumbeat of steadily improving economic numbers, could the U.S. actually be on the cusp of a tumble back into recession and a greater geopolitical comeuppance? If you look at economic history, the answer is yes. Yet history may be changing, according to Citigroup oil analyst Daniel Ahn, with whom I exchanged emails this morning.