Crude Oil and Natural Gas Are the Economic Engines

Crude oil and natural gas are the economic engines of the world's economies due to several reasons:
1. Energy source: Crude oil and natural gas are the primary sources of energy that drive the world's economies, providing fuel for transportation, power generation, and manufacturing.
2. High demand: The high demand for oil and natural gas has resulted in a robust global market, which is essential for the growth and stability of many economies.
3. Revenue generation: The extraction, production, and sale of crude oil and natural gas provide substantial revenue to countries, which can be invested in infrastructure and social development. Here in the USA, it could also result in a Royalty check to the mineral owner.
4. Strategic importance: Crude oil and natural gas are considered strategic resources, and their control and distribution can have a significant impact on geopolitical relationships and the balance of power between nations.

Overall, crude oil and natural gas play a crucial role in the world's economies and their significance is likely to continue in the coming years.

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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.