We need oil independence for the upcoming war(s) with Russia and OPEC nations. I don’t think we are betting on the Saudi royalty lasting for long.
We need oil independence for the upcoming war(s) with Russia and OPEC nations. I don’t think we are betting on the Saudi royalty lasting for long.
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The odds are long that there will be wars with OPEC or Russia. The odds are long too that the Saudi royalty will be unseated anytime soon.
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However, for the next decade of so — there are likely to be some pretty wild swings in the price of oil.