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14-10-2022, 07:13 AM
U.S. should pump more oil to avert war-level energy crisis, says JPMorgan’s Jamie Dimon
“I would put it in the critical category. This should be treated almost as a matter of war at this point, nothing short of that,” he added.
‘It’s Pearl Harbor’
Referring to the war in Ukraine more broadly, Dimon dubbed it an attack of similar magnitude to that of Pearl Harbor or the invasion of Czechoslovakia in 1968.
“It’s Pearl Harbor, it’s Czechoslovakia, and it’s really an attack on the Western world,” he said.
However, the CEO said it also presented an opportunity for the West to “get its act together” and defend its values in the face of autocratic regimes.
JPMorgan Chase
CEO Jamie Dimon said Monday that the U.S. should forge ahead in pumping more oil and gas to help alleviate the global energy crisis, likening the situation to a national security risk of war-level proportions.
https://www.cnbc.com/2022/10/11/us-shoul...dimon.html
“I would put it in the critical category. This should be treated almost as a matter of war at this point, nothing short of that,” he added.
‘It’s Pearl Harbor’
Referring to the war in Ukraine more broadly, Dimon dubbed it an attack of similar magnitude to that of Pearl Harbor or the invasion of Czechoslovakia in 1968.
“It’s Pearl Harbor, it’s Czechoslovakia, and it’s really an attack on the Western world,” he said.
However, the CEO said it also presented an opportunity for the West to “get its act together” and defend its values in the face of autocratic regimes.
JPMorgan Chase
CEO Jamie Dimon said Monday that the U.S. should forge ahead in pumping more oil and gas to help alleviate the global energy crisis, likening the situation to a national security risk of war-level proportions.
https://www.cnbc.com/2022/10/11/us-shoul...dimon.html
