“The Emperor Has No Clothes – A Crude Oil Story” explores the precarious position the global oil producers have been put in during what is undoubtedly the largest intentional demand destruction on a global economic scale in modern human history (out of war-time). Not since WW2 has so much of the worlds normal economy been taken off line. The article explores:
– The Entire History of Oil & Gas in USA (Standard Oil Era to WW2)
– Peak Oil Production (M. King Hubbert & Matthew Simmons)
– History of Russian Oil Production & Fall of the Soviet Union (USSR)
– The 4 Major Oil Price Shocks (1970s, 2008, 2014, 2020)
– Saudi Arabia & the OPEC Era
– Aramco IPO & Artificial Valuation
– Corona Virus and its Impact on Economy Demand Destruction
– Transports Sector, Energy Demand Dropoff
– Blood In the Streets (Opportunity & Trading Strategies to Capitalize)
– All 4K Resolution Charts available in Charts Appendix!