Oil Wars: What Low Energy Prices Really Mean
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Oil has been near the center of every economic and geopolitical turmoil over the last hundred years. Now, with negative oil prices, we are entering unprecedented territory. As Russia and the Saudis fight for market share, our Saudi ally seems to be working against the U.S. energy industry. Many American politicians are ready to give America’s energy independence away. At the same time, ESG funds put a globalist agenda above investor returns, with the focus on slowing the economies to reduce carbon emissions.