Oil War Breaking Out! What Saudi Arabia’s Latest Salvo Means to You

Mike Larson writes at Money & Markets about the cause of the oil price decline.

Bottom line: I wouldn’t panic if I were holding U.S. energy stocks. This multi-year trend toward increased American energy independence isn’t going away.

UPDATE: 
Saudi Stocks, Currency Tumble As Aramco Pipeline Explodes; ISIS Sabotage Concerns

Oil already has risen $2.5 off the lows.

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