The Road To Mexico -- March 1, 2018

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The Road To Mexico -- March 1, 2018

Rigzone notes that over the next few years the number of oil and gas producing countries with government instability will increase over the next few years. Rigzone mentions Russia, Kazakhastan, Egypt, Kenya, and Uganda. But in the big scheme of things, these will not affect the price of oil, according to Rigzone. Rather, the two biggest geopolitical events that could affect the price oil:
  • a skirmish on the Korean peninsula
  • a skirmish between Saudi Arabia and Iran
Venezuela not even mentioned in the article. Nor was Mexico.

Most interestingly, Mexico was not mentioned. The tea leaves suggest geopolitical events in Mexico might have profound effects on the US.

But, of course, if Bernie Sanders is elected president of the US in 2020, everything changes.



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