We are at the begging of the end of the oil age, as whether or not you believe in climate change (majority US detractors) it is here at a theatre near you, or simply put everywhere. Governments and societies in general are making unprecedented steps to tackle it, the Paris accord for example, so where does that leave oil? Mostly in the ground.



The world is suffering the fallout from this new Cold War; as stated Russia the US and Iran with oil prices and Europe with the refugee crises caused by the dragging on of the Syrian civil war. Arabs have been killing each other for centuries the main character in the film God of War said in the movie that a hundred years ago Arabs were killing each other in the desert with swords and now they are killing each other with guns, and nothing seems to change.



This Cold War along with Saudi support for the Wahhabi sect of Sunni Islam is a threat to international stability, and to the long-term interests of the United States. With the world scrabbling to get its hydrocarbons out of the ground as fast as possible to make a quick buck before it becomes worthless overproduction is besetting the world which is another downward pressure on oil prices.



With 99percent of current wars involving Islam the West needs to pull out of Islamic countries and prepare for the next major crises which has already begun, the movement of people around the world heading North looking for food water and safety or just a better life.