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Miner Company

Just Another Oil Panic

By Seeking Alpha April 07, 2026 Neutral
Just Another Oil Panic
I am not overly concerned with what the U.S. may do (or not do) tonight in the Middle East. Today's oil shock is far less dangerous than the 1970s because the U.S. is more energy independent, and energy costs take up less of GDP.
I am not overly concerned with what the U.S. may do (or not do) tonight in the Middle East. Today's oil shock is far less dangerous than the 1970s because the U.S. is more energy independent, and energy costs take up less of GDP.