What happens to world markets when China buys an additional $50 billion-plus in U.S. energy products over the next two years? For some analysts, as spectacular as this may sound to fossil fuel bulls, at best, it’s unrealistic. After months of negotiations, the United States and China have finally agreed to and signed a phase-one trade agreement between the world’s two largest economies. The agreement would see China purchase billions of dollars’ worth of oil, coal, and LNG, to the tune of $52 billion—a scenario that if fulfilled, would change the course of the world’s energy landscape forever. The agreement, which analysts prefer to call a ‘trade truce’ because it does not address any of the major underlying issues that started the trade war in first place, is a step toward resolving differences that has eaten into US energy-product exports to China. The agreement calls for an increase in […]