Sep 17, 2019
8 min read
Will Drone Strike, Oil Shortage Fears Move Us Toward EVs, High-MPG Cars?
by Bill Howard
When a drone strike knocked out a Saudi Aramco oil facility producing 5 percent of the world’s oil supply, the shockwaves were nearly instantaneous. Crude oil prices jumped almost 20 percent Monday and could spike higher, depending on how fearful the markets are that the strike could be replicated this week, this month or this…
