No energy policy

Oil's importance to economic and national security cannot be taken lightly.Volatility will affect global oil markets if the world's supplies fail to manage crude output and market expectations.The world market is tied to oil prices. When money is shifted from the petroleum industry to the high-flying stocks that have no potential for immediate profits, it's at the expense of the energy industries. Consequently, there are new highs in oil prices and new lows in oil company and service company stocks. However, the higher oil and gas prices rise, the greater the opportunity for profits in an industry that has been devastated by oil prices as low as $10/bbl. With low oil prices, s...

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