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Illusion of abundance is likely well behind us, says oil expert
Youtube· 2026-08-17 20:41
Well, it goes back to something that every president has learned since Jimmy Carter made a fatal mistake in 1977. He went on TV and he's wearing this sweater and you could see the thermostat in the back and he made the comment to the American public that there is an energy shortage. And so, what do you think happened.Commodity prices exploded the next day. Moral of the story is never admit to the scarcity. Um and from that point forward, starting with George Bush senior, um they would always release the SPR ...