Posted on 02/10/2015 9:53:05 PM PST by lbryce
A week ago we explained that yet another conspiracy theory, one involving virtually every geopolitical hotzone, from Saudi Arabia, to Russia, the United States, Qatar, Syria, ISIS, and Ukraine, has become fact when our speculation from last September, namely that the plunge in oil was an choreographed move between the US and the Saudis (even if Kerry realized - we hope - that it meant a recession for the US energy producing states and a collapse in the only vibrant US industry of the past decade: shale), one seeking to dislodge Russian control over the Syrian government and to facilitate the passage of a Qatar pipeline under Syrian territory.
This is what the NYT said: "Saudi Arabia has been trying to pressure President Vladimir V. Putin of Russia to abandon his support for President Bashar al-Assad of Syria, using its dominance of the global oil markets at a time when the Russian government is reeling from the effects of plummeting oil prices."
The NYT added:
Saudi Arabia and Russia have had numerous discussions over the past several months that have yet to produce a significant breakthrough, according to American and Saudi officials. It is unclear how explicitly Saudi officials have linked oil to the issue of Syria during the talks, but Saudi officials say — and they have told the United States — that they think they have some leverage over Mr. Putin because of their ability to reduce the supply of oil and possibly drive up prices. That's the quo. As for the quid, it is as we predicted:
(Excerpt) Read more at zerohedge.com ...
Buckle in, Hang on tight, try to enjoy the hairpin curves, the zero gravity whirls, being held upside down to help loosen the currency that they're trying to pry loose from you, while Obama heads off to the course to develop strategy.
Yawn...
What are they gonna do, help get hitlary elected?
Gas is on the raise again!!!
The host's all seem to be scratching...
Hmmm
Gas and petroleum demand is pretty inelastic. The oil industry should flex is muscle and keep gas price high regardless of crude oil market. What are people going to do? Stop driving and shutting down industry?
But this won’t happen because of gubmint intervention and the bs anti collusion tyrannical laws.
Bad case of crotch crickets.
“Desert Duck Dynasty meets Lerch and the SS.”
What I don’t understand is how getting rid of Assad improves their chances of making the pipeline a reality.
Depose Assad and the rebels take over. I don’t see the rebels taking over as improving stability in Syria. Without a stable government in Syria the pipeline will not be built.
Sand crabs?
Yeah, check the 7 foot tall guy. He could stop a belt bomb. Nice trustworthy looking group.
If oil price war is on, then Moscow cannot afford to lose oil control territory in Syria. Smh. The perception war aside as to which party is belligerent or imperialistic, it seems like the question is whether Obama intends to fight and let alone win this war.
Unions playing OPEC cartel redux. There is no end in the trail of oil price extortion and gauging.
Denying Russia oil control is priority. Get ourselves the control is the second one.
Because Assad is in bed with Iran.
True.
The rebels are no fans of the Saudis or other member states of OPEC either if I read the news correctly.
So unless the members of OPEC are willing to fight the rebels for control of Syria after Assad is gone I don’t see an upside for them in deposing Assad. They will simply have supplanted a dictator that is unwilling to cooperate with them for a chaotic state with fighting factions that is unwilling to cooperate with them.
Yup, heck of a place to maintain a pipeline that can be blown with an RPG.
Nah, it’s mostly Shell that has it’s prices above $3.50 while 76, Mobil, Arco were below $2.50. The same idiot unions who control Shell refineries were the cause. Those figures I stated were 2 weeks going when the Shell station in downtown had the very same prices until today for 2 weeks straight while everyone is way down.
They couldn’t keep the pipelines in service because of the constant damage being done to them.
I cannot see Syria being different.
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