, Columnist
The Oil Glut Camouflages Some Vicious Black Swans
Prices don't reflect the growing chances of conflict and chaos.
This article is for subscribers only.
One of the more disconcerting consequences of climate change is how warmer water is quietly destabilizing large parts of Antarctica's ice sheet -- which might then in turn inflict catastrophic changes to sea levels everywhere.
This is how anyone in the oil market should be looking at the Middle East today.
