Ray and Joe D: The Impact of the Attacks in Saudi Arabia

Jay Young, author of The Upside of Oil and Gas Investing, is the founder of King Operating Corp. The fourth-generation oil man and author of The Upside of Oil and Gas Investing, discusses the implications for the U.S. of drone attacks that hit the heart of Saudi Arabia’s oil industry on Saturday, forcing the kingdom to cut its oil output in half. News reports said the attacks triggered the steepest petroleum market price surge in 30 years and stoked fears for the global economy.