Crack Spread – Blame Diesel Cars

| August 10, 2005

With oil prices on the rise again what can we surmise? A couple of days ago, U.S. light, sweet crude for September delivery rose to a record of $64 a barrel. What is interesting is to dig into the ‘crack spread’ between the different grades of refined light oils. — Those in the energy business […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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