“If U.S. sanctions are imposed on Saudi Arabia, we will be facing an economic disaster that would rock the entire world,” he wrote in an op-ed. “If the price of oil reaching $80 angered President Trump, no one should rule out the price jumping to $100, or $200, or even double that figure.”
https://www.marketwatch.com/story/call-of-the-day-dont-rule-out-400-oil-if-the-us-sanctions-saudi-arabia-2018-10-15
Now this could drive the market into EVs a bit quicker.
And, as I also hold a good little oiler, operating just north of Carnarvon, it might help push things along there as well.
win win
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