The global petroleum industry is central to so many facets of life and essential to the global economy, yet it is also a strategic necessity. Crude and its many refinements are also part of a geopolitical contest, the lifeblood of military campaigns, and an elevator to rising GDP. And yet how long can it last, is there a “crude curse”, how does the global supply chain work, what impact on the environment, and do current events have on the security of our national supply and the world?
Carlton Dallas, a petroleum industry insider, will review the impact of taxes, price comparisons with other countries, the history of discovery, relay how crude is tethered to politics, and how four developments have improved US energy independence.
