A U.S.-engineered market truce has helped energy prices rebound slightly this month after flatlining in April, but analysts say reverberations will likely be felt for years to come as they chip away at the foundational international partnerships in the post-World War II era and create new alliances and rivalries.
The fracturing of the EU and the bleeding out of the PLO terrorist apparatus will be the most significant outcomes.
The Trump administrations public pressure on Saudi Arabia this spring to slash oil production sparked tensions with Riyadh that reportedly led to the White Houses decision this month to pull American Patriot missile systems from the kingdom.
The U.S. could well find itself on the outside looking in as green energy gains momentum and depresses demand for American shale oil. Such an outcome could further strain the relationship between the U.S. and key European allies such as Germany and France, which have largely stuck by an Obama-era emissions reduction deal that President Trump abandoned long before...
PMS-TDS (Partisan Media Shills / Trump Derangement Syndrome) malarkey -- unless the California Demagogic Party succeeds in undermining the company, Tesla is going to crush it in Europe (more than it is already doing) and in the US. And the electricity to operate electric vehicles doesn't grow on organic trees. The US left-hand-drive market (and indeed, the world market, like India) will wind up flooded with used luxury cars as Europe offloads its gasoline-burners in their current (heh heh) phase-out of such vehicles.