Case Analysis: Cushing Oklahoma

416 Words2 Pages
Cushing Oklahoma’s oil allows them to play a role in the price of oil. Oil trading is a financial asset but unstable. Oil prices over the years have fluctuated from a high dollar to a very low dollar per barrel rate, with prices varying from $147.27, $59.87, $32.40 and as low as $10.00/barrel. Big oil industries have grown and control over eighty percent of the oil industry, while the smaller ones have disappeared. Oil get sold and traded to be turned into gasoline jet fuel, diesel, home heating oil and more. The demand for oil has changed, how we use it, how much we use and technology can change the energy portfolio as well. The oil industry has changed in that if offers pension funds, endowments, and hedge funder and includes money

More about Case Analysis: Cushing Oklahoma

Open Document