By The FirstBill O’Reilly GOES OFF on Joe Biden for weakening the American economy by attacking the oil industry and helping fund Russia’s war.
“You don’t destroy your energy infrastructure until you have another one to take its place!”
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Could Soaring Oil Prices Break China’s Economy?
As oil prices rise and tensions with Iran threaten global supply, Daniel Turner argues that China faces a major strategic weakness: energy dependence. Turner tells Mike Baker that China imports almost all of its oil, relies heavily on coal to power its factories, and is far more economically vulnerable than many people realize. He explains why higher oil prices could put real pressure on Beijing, while also benefiting adversaries like Vladimir Putin. Mike Baker speaks with Daniel Turner, executive director of Power the Future, about China’s dependence on foreign energy, the myth of its economic strength, and why a prolonged oil shock could become a serious geopolitical problem for Beijing.
