Posted on 10/15/2014 7:03:07 AM PDT by Reaganite Republican
***ping***
I thought this was about Obama.
And let’s not forget concern and compassion for the Saudis..
And Russian girls. Though I think it is mostly Turks and Egyptians who buy them now.
I always thought God was incapable of hate?
In short, Putin realizes that future petroleum sales will most likely going to China. China would especially welcome a steady source of natural gas so they can phase out their highly-polluting coal-fired power plants.
Russia does produce guns and ammo for which there is a demand world wide.
Here is America, Russian arms such as the Saiga-12 shotgun, and ammo of several brands are in high demand.
It will also be a disaster for us. We’ll start reducing shale rigs shortly, no choice, as it’s cheaper to buy overseas than it is to pull it out of the shale here.
One of the best kept secrets with the crisis in Iraq/Syria/? and other oil producing countries, is how the price of gasoline and oil in America keeps coming down.
Increased U.S. production is helping to create an oil surplus on world markets, driving down prices despite a myriad of threats to oil supplies, and doing more to crush Russia’s economy than the sanctions imposed by the U.S. and European Union, said Chris Faulkner, chief executive of Breitling Energy.
This is also preventing the Opecker Princes from doubling their price on oil to again cause another major economic recession around the world as well delivering severe kicks to Putin below his economic belt.
Probably doesn’t like him too much neither...
One of the best kept secrets with the crisis in Iraq/Syria/? and other oil producing countries, is how the price of gasoline and oil in America keeps coming down.
Increased U.S. production is helping to create an oil surplus on world markets, driving down prices despite a myriad of threats to oil supplies, and doing more to crush Russia’s economy than the sanctions imposed by the U.S. and European Union, said Chris Faulkner, chief executive of Breitling Energy.
This is also preventing the Opecker Princes from doubling their price on oil to again cause another major economic recession around the world as well delivering severe kicks to Putin below his economic belt.
Yeah- there’s the weapons industry, I should have specified consumer goods, where they only compete on price, otherwise utterly uncompetitive
Is it not also a precursor to a financial collapse like in 2008?
One of our FRiends on an earlier thread, suggested a tax on imported oil to protect our shale oil producers from “predatory pricing” by the Saudis.
The tax would create a “floor” price, say $90 per barrel.
Then, if the Saudis tried to steal US market share (and bankrupt our new US producers) by pricing their oil at $75 per barrel, the “import tax” would add $15 to each “cheap” barrel.
I really like the idea of US energy independence.
Are the Saudis really our friends?
...and that this is happening DESPITE Obozo’s best efforts to prevent oil production in the U.S.
Libtard media leaves that point out for some reason.
“.and that this is happening DESPITE Obozo’s best efforts to prevent oil production in the U.S.”
Yes, in spite of Obozo and his green anti America thugs, American ingenuity has driven around the obstacles and lowered the price of oil by increasing our supply of oil.
It is not a disaster when oil prices go down, except for the oil industry. Even at $80/bbl, pumping oil is profitable.
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