The Crazy World of Oil Market: the History, and the Future Part 1

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In this episode, we invited one of our dear friends Jon Crawford, who owns and operates a third-generation family business in the oil and propane industry, to talk about the crazy oil market. He talked about the historical background of the oil price war between Russia and Saudi Arabia, and what role the U.S.'s oil industry played in the most recent oil price rollercoaster. Like everything else in the market, it ultimately boils down to supply, demand, and people's greed and fear....