The Organization of the Petroleum Exporting Countries, or OPEC, has had massive influence over American politics for six decades. President Biden’s "incredible" oil market trading has broken this influence. Dan Dicker joins Chris Hayes to discuss how Biden got ahead in oil production and what that means for the transition to clean energy.
The Russian shills a year ago were so sure that removing the dollar from the petroleum economy was about to tear down US hegemony, immediately and completely.
Use of the petrol dollar is contractual that is about to expire.