Tuesday, August 18, 2015

OZY: A Game Chicken Chicken... With Oil

By SIMON CONSTABLE
In the world of oil, a little noticed but fascinating game of chicken has broken out. And the unblinking eyeballs happen to involve a guy named Putin and a prince who enjoys fast cars, all 200 of them that he supposedly owns.
Does any of this ring a bell? As some of you may have surmised, the two biggest so-called petro giants, Russia and Saudi Arabia, are locked in a battle to maintain control over the global dominance of oil that’s slowly slipping away as other forms of energy like natural gas begin to grow in importance. Read more here.
Photo by William Moreland on Unsplash


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