WTI crude isn't a decent benchmark for prices in the U.S., let alone the world, says Jeff Rubin,...

|By:, SA News Editor

WTI crude isn't a decent benchmark for prices in the U.S., let alone the world, says Jeff Rubin, who argues that more oil soon to flow from Alberta's tar sands is going to push the spread to Brent even wider. Bottom line: We're already back to triple digit oil prices. Brent ETF: BNO. WTI ETF: OIL.