Msg. 03672 of 47202 (This msg. is a reply to
03662 by
Zimbler0)
Jump:
Zimbler:
re: "But it is not to hurt other countries - the Saudi's are trying to put a hurting on iran. (And American frackers at the same time . . .)"
It was speculated early on that the targets might be both Iran and Russia. Russia's oil export business is huge, so the country is being killed by the low prices. That affects Putin's ability to wage war on the Ukranians. The last I heard, Putin was scaling down the conflict in Ukraine so he could ramp up in Syria... where, presumably, Russia is being compensated. So the strategy might be working.
Who do you suppose is footing the bill for what the Saudis are doing? The Saudis aren't doing it out of the goodness of their hearts - so someone must be paying them. Directly or indirectly (The IMF? Military contracts? The U.N.? The W.H.O.?) it's got to be the United States.
The theory that the Saudis are targeting the U.S. fracking industry doesn't hold much water with me. How does it help? The Saudis lose money, the U.S. fracking industry loses money, and when oil prices go back up, U.S. fracking will resume - if it's profitable, anyway, which I'm not so sure it ever was.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
Decomposed> Did oil suddenly become more plentiful? Nope. In fact, it's less plentiful with every passing day
Cpt Nemo> The MSM blames all of this on Iran, this morning they said.
De,
Actually, there is a LOT more oil in the markets than
there used to be - the Saudi's opened the oil taps.
Capt, the stinking Iranians may be pumping oil to the max . . .
But it is not to hurt other countries - the Saudi's
are trying to put a hurting on iran. (And American
frackers at the same time . . .)
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