Hamm: Oil Should be Priced $90-$100 per Barrel

The video discusses the 20% decline in oil prices, influenced by geopolitical tensions, particularly in the Middle East and among OPEC countries. It highlights the impact of Saudi Arabia's oil strategy and the need for price adjustments in the U.S. oil industry. The discussion also covers future oil price projections, OPEC's role, and Russia's influence on global energy dynamics, with a critique of President Obama's handling of Vladimir Putin.

Discuss the implications of Russia's role in the energy market.

How does the speaker assess President Obama's handling of Vladimir Putin?

What are the potential consequences of a second Cold War as mentioned in the text?