Transcribed
Fuel prices, geopolitical tensions, and economic factors
Oct 2, 2024 ·
17m 11s
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Fuel prices, geopolitical tensions, and economic factors
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Description
In this episode of Fuel for Thought, energy expert Dan McTeague discusses the current state of energy markets. Key points from the conversation include: - Fuel Prices: Gasoline and diesel...
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In this episode of Fuel for Thought, energy expert Dan McTeague discusses the current state of energy markets. Key points from the conversation include:
show less
- Fuel Prices: Gasoline and diesel prices are expected to fluctuate in the coming months, with potential drops in the short term but increases due to geopolitical tensions and rising demand.
- Home Heating Fuel: Prices for home heating fuel are likely to increase as winter approaches.
- Geopolitical Events: The ongoing conflict in Ukraine and recent missile attacks in Israel are not significantly impacting oil prices due to the dominance of hedge funds and money managers in the market.
- Longshore Workers Strike: The strike by longshore workers in the United States could disrupt trade and potentially impact energy prices and the Canadian economy.
- Canadian Politics: The episode also discussed recent polling data and the potential for an upcoming federal election in Canada.
Information
| Author | Firm Foundation Media |
| Organization | FFM Radio Network |
| Website | - |
| Tags |
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