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Oil markets brace for maintenance season
Description
In Texas oil country, September usually marks the beginning of maintenance season. But with refineries running at near-100% capacity to meet increased demand, this fall might look a bit different. In this episode, can the global oil market weather an even tighter supply squeeze? Plus: Fed watchers expect an interest rate hike in September despite Trump’s opposition, U.S. consumers keep up spending in the face of mediocre jobs data, and ski resorts hoard snow for the warmish winter.
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Read the stories in today’s episode:
- Why interest rate expectations are pointing north
- The 'meh' job market hasn't slowed consumer spending much
- Inside the business of selling people their own family photo albums
- After a disastrous foray into real estate, this first-time buyer didn't let fear hold her back
- Can U.S. refineries afford to slow down for maintenance season?
- Ski resorts keep some snow in the bank this summer