What’s Behind Inflation & the Coming Recession? Corporate Greed & Russia Sanctions, w/Eugene Puryear
Rania Khalek Dispatches
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Oil and Gas
The oil and gas industry here is kind of at war with opeck in many ways. The rise of fracking was designed to try to steal a march on some of the largest oil and gas producing countries. And an already tyghp market, and one that's also governed very much by long term contracts. If there's even a potential restriction of supply, when demandof that is below what the demand is, prices are going to go up. But again, in capitalism, your pay check is your ration card," he says.
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