New Monkey Werx: Worst Energy Crisis Since the 70's
New Monkey Werx: Worst Energy Crisis Since the 70′s
We examine the current economic indicators and compare today’s supply shock inflation with the 1970s, noting significant risks to global oil flow and refining capacity. Amidst rising middle east conflict, the arrival of us military paratroopers and news of soaring US gas prices due to an iran attack on a Kuwaiti tanker highlight the fragility of the global economy and oil supply. Stay informed on these critical developments.
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In America, there is no energy crisis. We don’t need oil that is being held hostage by Iran.
What we need is to come down hard on the greedy oil companies that are using the lie of Iran to justify their insane prices.
If we are producing more than we use as claimed, the current prices can’t be justified.