AUSTIN, TEXAS – April 11, 2019
The US has become the world's first hydrocarbon producer. They use their dominant position exclusively to extract maximum profit and do not hesitate to eliminate major rivals. While under Carter, Reagan, and Bush Sr., Middle East oil was a vital necessity for the United States, under Clinton, the world’s oil trade was under US control, and under Bush Jr. and Obama, it became a depleting resource that they wanted to control, then under Trump, hydrocarbons again became black gold.
The basis of any economy is energy, and it has always been the...