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This potential 'black swan' for US oil prices is being overlooked, a trader says - unreliable electricity grids
1 month ago | By Business Insider
Failing power grids and electricity shortages across the US could throw the oil market into chaos. Photo by: Planet One Images/UCG/Universal Images Group via Getty Images
Failing US power grids could be the next vulnerability in the supply chain for oil, energy trader Brynne Kelly says.
Most of western and central US is at high risk of electricity shortfalls or disruption this summer, research has found.
Problems with power grids are a potential catalyst for chaos in energy markets that are underappreciated, Kelly says.
Electricity grid problems in the US are a potential "black swan" that...
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