Russia Laughing All The Way To The Bank!

Right now, all conventional energy producers should be happy. Prices rise and they needed that like a breath of fresh air after 2020. But there is much worse to come for them as a double whammy is in the making. Higher prices for oil also mean that shale drillers feel reinvigorated and many of them have learned useful lessons over the last couple of years. They are a much more dangerous opponent now. And second, there will be a serious demand crunch when the effects of money printing wean off. Especially in Europe and Asia.

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