We have enjoyed fairly stable oil prices lately.  But, is that something we can rely on in the future.  Many say that will not be the case.  Increased conflicts in the Middle East there could be destabilize the oil market.  Also, there is some question whether US shale gas will continue to produce in the long run.  If it falls short, some speculate that oil will have to fill the gap.  How does that impact the apartment industry?  Simple, all energy markets are connected.  We need to keep an eye on them all to make sure we are aware of the pricing pressures.

https://oilprice.com/Geopolitics/International/Geopolitical-Risk-Is-On-The-Rise-In-Oil-Markets.html

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