3min chapter

Mining Stock Education cover image

"Sub-$100/barrel Oil Never Again" Explains Oil Analyst Shubham Garg

Mining Stock Education

CHAPTER

Petrodollar? I Don't Think So

I also don't think the petrodollar is ever going to happen because you need to be an energy producer and an exporter really to keep that alive. The US still controls a large part of the Middle East, maybe not Saudi Arabia, maybe not the UAE, but they're still very, very strong ties to that oil production part of the world. So I just think that the US is too much control on the oil, oil markets to let that go. You know, really, you don't even need a military. All you need is a control of the energy markets and you control the world Because you can cut off crude imports into China, you can go and block off the

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