RE: Don’t underestimate....25 May 2019 23:11
Pillarts,it's more simple than that,it's oil.The world craves energy and "America first" policy needs the current sweet price circa $70 not to high to change our ways but not too low to make fracking uneconomical.
Global economy stalling, just tweak your foriegn policy a bit and say your aircraft carrier 8,000 miles away from home is being threatened.
I don't know what is worse OPEC or Trump,i wouldn't be surprised if Putin isn't in on the act.
It's more of a cartel these days and betting cheap oil will return while America's production is so high is very unlikely.