New trade rules are likely in place soon
The Wall Street Journal has a new piece on how President Donald Trump is trying to push the world to stop trading in oil and gas, and it’s really hard to tell if this is a good thing or a bad thing.
In it, Jason Horowitz lays out what’s likely to happen in the months and years to come.
One of the big reasons why oil and natural gas companies are pushing for a trade deal is that they want a more open, transparent, and less expensive world.
And this is what they are hoping will happen as the U.S. economy slows.
But it’s not a good sign.
In fact, it’s a bad sign.
Horowitz points out that this may have already happened, when China started restricting oil exports.
Horowitz is right that we’ve seen this with the U