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Friday, March 18, 2022

The Panic Is Really Setting In -- Now Macron Says Its Time To Nationalize Oil -- March 18, 2022

Can you imagine Macron running an oil company? Link here. I would provide the Bloomberg link but I'm getting tired of the paywalls.

Nationalize US oil: I said it would never happen, but an astute reader pointed out that one can nationalize any industry different ways. Through Congressional action or executive orders, the government can issue rules and regulations that have the same effect as the "classic" method of nationalizing something. 

Tags: do I need a new tag for the blog, "the 2022 oil panic"?

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