Despite the fact that low oil prices are very unprofitable for many countries, quotations for black gold continue to steadily go down. According to analysts, the main reason for such a sharp drop was the economic slowdown in China, which is by far the main importer of oil. However, the situation on the oil market is approaching critical values. Such low prices are unprofitable for the United States, they need expensive oil to avoid massive bankruptcies of companies involved in the extraction of shale oil and gas.
Too much has been invested in the production of shale oil and gas in the United States. Funds of pension and insurance companies, private and banking investments have been invested in the much-publicized "shale revolution".
The bankruptcy of shale companies could cause massive panic and a full-blown crisis that will affect almost all areas of the US economy.
Washington is interested in reducing the rate of oil production, so they can bet on a military conflict in some oil-producing region of the world. Just remember how the bombing of Libya and the overthrow of Gaddafi influenced world oil prices - quotes were climbing. Now you can repeat history and cause a military conflict that will lead to the collapse of the rate of production and the complete destruction of the existing infrastructure.
In Iraq, civil confrontation began to intensify again, and Saudi Arabia is completely dependent on oil exports.
Saudi Arabia, with the help of American military bases, is holding back a huge flow of refugees from neighboring Yemen, where there is a critical situation with food and drinking water. To the north, Saudi Arabia borders a hostile Iran. In general, a military conflict may flare up at any moment, which is beneficial to Washington.
For decades, Saudi Arabia and the United States have been strong allies in the oil market. However, now it seems that their confrontation begins, which will very soon affect the US stock markets.
Too much is at stake. Huge investments have been made in American shale companies, and today investors are suffering colossal losses. Only one thing can save the impending economic catastrophe: the elimination of competitors in the energy market at any cost, up to a large-scale military confrontation.
