Posted on 11/29/2015 10:04:41 PM PST by Mariner
Obama does not want oil prices to drop. This would hurt ISIS black market. Obama really wants ISIS to prevail there. Why be against the Keystone Pipeline, lifting exports etc? Because it will lower oil prices, and this hurts ISIS and of course the economy of the people buying the oil.
We truly have an evil man in the WH who has no affiliation or loyalty to the USA, but to Islam.
OBL?
Democrats have always used regulatory power over energy markets to finance our enemies. Reagan broke the Soviet Union by deregulating those markets. The Russians could then no longer afford their blue water navy.
Lol, I did once... but since then it seems like this just happens over and over and over... and nobody seems to get it. Thanks for the thought.
Check the price of crude oil. Way down as the Saudis are pumping like crazy. You are correct that this hurts Russia ,Iran, as well As Venezuela.
>> Turkey and Russia have similar populations. It might be a pretty even fight
According to Mr. Google, Russia’s population is approximately twice Turkey’s. (143 million vs. 73 million)
Were you referring to size, or do you see the populations as similar in some other way?
I thought Turkey was about 130 million.
I was wrong
Those with the most inventory and plentiful access to it sets the price, for their own ends. Unleash the drillers in the vast resources in this country and watch the price drop and the availability increase. Americans will always figure out a less expensive way and always produce far more than any other country, and that is generally true for any industry. The problem is that the government always gets in the way.
>> I was wrong
Dang. There goes your perfect record. Sorry about that.
After more than ten years here, I have never ever even once been wrong.
;-)
25 June 1950
Erdogan’s shelf life is about to b expire..
McWeasel like to take selfies with their leaders..
In my short time here on FR, I believe this is the first time I've ever seen someone admit to being wrong.
Ankara never received international backing for a safe zone across its border, but Russia has now ruled that out.Russia would never have accepted that anyway.
This is it... we are now counting on Putin's diplomacy to prevent WWIII.
0bama is UNFIT TO LEAD. Global climate change lunacy is trumping foreign policy... this guy has GOT TO GO. NOW!
Your idea will hurt a bunch of countries, our friends included. Here at home the low price of oil is hurting our oil industry. Wells are being capped because they lose money on every barrel pumped. Drillers are going bankrupt.
This was the Saudi plan. Keep supply high as demand slows with the purpose of driving the US frackers out of business. It’s working. New drilling in the US is down substantially.
The US cannot undercut Turkish oil prices as much of that oil comes from ISIS’s captured wells - essentially free oil from captured producing wells. ISIS can always undercut our price & Turkey is lapping it up.
I am confident that the current combination of low oil prices & an expensive war in Syria, which I believe could last years, will do significant damage to the economies of Russia & Iran. Whether Putin & the Iranians care or not is questionable. Both are out for conquests & the inevitable spoils that come with them.
Finally, it is worth remembering that Japan attacked the US precisely because of the US oil/steel embargo on it. Putin will not sit idly by if the US plays war games with oil.
Part of the reason oil is so cheap now is that ISIS is running boot leg wells.
Bombing the wells will raise the price of oil.
Similar in what way? Even the reduced Russian rump state (143 million) outnumbers the Turks by a ratio of almost 2:1.
If this were true, there would already be open, large scale hostilities between Russia and Turkey.
Every Turkish ship anywhere in the world would already be sunk, and their aircraft dropping like flies.
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