Where Are We in the Commodity Cycle? w/ Rick Rule
Real Vision: Finance & Investing
00:00
The Saudis' Decision to Cut the US Off to Increase Oil Prices
Charles asking, can the Saudis attempt to cut the US off in order to increase short term prices in oil. The United States is a consequence of the Permian basin and a history of free market is effectively self sufficient in energy. I think the Saudis have come to understand over the last 50 years that it's not too hard to manipulate the oil prices up when they're going up anyway. We are connected to a much greater degree than many people realize.
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