Here is an analysis of what is happening in the oil industry:
https://www.artberman.com/2020/04/27/game-over-for-oil-the-economy-is-next/
I think many people don't fully understand the importance of oil for the US economy. Not only does it underpin the energy industry, the petrochemical industry, and the material distribution system, the decades long tie between the US dollar and the global marketing of oil is one of the few reasons our currency has retained its value. That value is being eroded as never before and may soon swiftly collapse. If it does, it will be "game over" for just about everything.
If that is true, you may ask, why aren't TPTB worried about what is happening? Refer to this older blog post for one of the potential reasons why. It makes perfect sense when you consider all the changes the technocrats are in the process of making because of the "pandemic":
https://sainthoward.blogspot.com/2017/09/what-will-replace-petrodollar.html
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