Oil Market Dynamics and Geopolitical Tensions

This chapter explores the current volatility in the oil market, emphasizing the challenges posed by well depletion and the necessity for continuous drilling. It examines the intricate geopolitical relationships between Canada and the U.S., particularly concerning oil imports, tariffs, and Alberta's political dynamics. Additionally, the chapter addresses Europe's energy policies in light of the Ukraine conflict and their impact on industrial shifts, particularly the movement of German companies to the U.S.