A series of tax breaks sanctions and really just unprincipled market behavior to try to support American Energy companies and its all blown up in their face in a pandemic has made it even worse and i dont think theres any really any real road back i mean this is some of the most worse was poorly thought out policies i can imagine and people and average working people are going to pay for it go ahead learn. It well i agree with that assessment because. This has been very much all shared all of the u. S. Media for quite some time and indeed it has been very spectacular that its going to stay to its taken from a huge Energy Importer to become a big exporter and theyre going to trump celebrated america again this Energy Independence which high priority however this was achieved on many things was not just the shale take knowledge of us also. Also able to a large extent to replace the energy or oil coming out of iran and venezuela by sanctioning them and replacing it furthermore since the r
Anytime you want and i was appreciating lets go to oslo 1st glenn we have this pandemic ongoing and we have been in crisis in the Energy Markets and its easy to conflate the 2 and one in the Energy Situation in the markets has gotten worse as a result of this pandemic but they are very separate things and i would say right off the bat that this is the result of disastrous policies particularly by the United States using a series of tax breaks sanctions and really just unprincipled market behavior to try to support American Energy companies and its all blown up in their face in the pandemic has made it even worse and i dont think theres any really any real road back i mean this is some of the most worse was poorly thought out policies i can imagine and average working people are going to pay for it go ahead learn. It well i agree with you. Because polish shale revolution a serious has been very much all shared all in the us media for quite some time and indeed it has been very spectacul
Helped to crash the Energy Markets in the u. S. No one is you know driving flying well producing this thing but at the same time its important to note that the foundation of it was already there flawed so i guess were all celebrating or at least americans were celebrating Energy Independence and this economic a miracle it is worth noting that it. Did not didnt have the most Stable Foundation and of course for the whole thing to fall apart now in the Current Crisis just makes it. A good. Look at me. Now i think there were its criminal intent here ok im not going to be kind about it at all ok i mean using sanctions as a political weapon to prop up your own Energy Companies i mean that is just you know they need that that is just throws in the face of International Law and the entire concept of free trade here i mean this is this is anti free trade i mean to but to point weve never seen before. Or again that is what that is one of the basis of the anti bin is wailin problem policies an an
Hello and welcome to cross town where all things are considered im Peter Lavelle crude collapse Global Energy markets are in disarray over production low demand and lots of storage has witnessed some prices go into negative territory and this is not just because of the pandemic this is the result of disastrous policies the Energy Market may never recover. To discuss this and more im joined by my guest Dmitri Bobbitt in moscow hes a political analyst and editor of you know smee media project and glenn hes an in oslo hes a professor at the university of southeastern norway as well as author of russias geo Economic Strategy for a greater eurasia original macross up rules in effect that means you can jump any time you want and i was appreciating lets go to oslo 1st glenn we have this pandemic ongoing and we have been in crisis in the Energy Markets and its easy to conflate the 2 and one in the Energy Situation in the markets has gotten worse as a result of this pandemic but they are very s
To discuss this and more im joined by my guest Dmitri Bobbitt in moscow hes a political analyst and editor of you know smee media project and glenn beason in oslo hes a professor at the university of southeastern norway as well as author of russias geo Economic Strategy for a greater eurasia original macross up rules in effect that means you can jump any time you want and i was appreciating lets go to oslo 1st glenn we have this pandemic ongoing and we have been in crisis in the Energy Markets and its easy to conflate the 2 and one in the Energy Situation in the markets has gotten worse as a result of this pandemic but they are very separate things and i would say right off the bat that this is the result of disastrous policies particularly by the United States using a series of tax breaks sanctions and really just unprincipled market behaved. Or to try to support American Energy companies and its all blown up in their face and a pandemic is made even worse and i dont think theres any