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To: elhombrelibre
"That's why the combination of more supply from the United States, and less demand from Europe, China, and Japan has hit them particularly hard."

There's a certain wry humor in the possibility that the man who has been running circles around Obama on the world political stage (i.e. Putin***) might be undone by policies Obama has explicitly opposed (i.e. drilling our way out of high energy prices).

*** Just so we're all clear, I am NOT, nor I have I ever been, part of the (now mostly silent) FR Putin fan club. Putin is a bad guy with dreams of empire. I'm just acknowledging he's been quite the diplomatic foe over the last few years.

50 posted on 12/16/2014 12:01:47 AM PST by DemforBush (A Repo Man is always intense.)
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To: DemforBush

I agree. Obama will take credit for the squeeze that should change Putin and Putinstan. Yet it’s the US oil industry that’s truly made the pressure possible by doing what capitalism does best; they invested and they produced. What if Obama had not tried to stop them? What if he’d favored the Keystone pipeline? The effect would be even more profound. Our enemies want us dependent on oil. I include the leftwing environmentalist and OPEC in that grouping.


56 posted on 12/16/2014 12:13:18 AM PST by elhombrelibre (Against Obama. Against Putin. Pro-freedom. Pro-US Constitution.)
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