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Trump: Obama Cut Deal with Saudis to Keep Oil Prices Low Until Election
Breitbart ^
| 06/13/2012
| Breitbart
Posted on 06/14/2012 8:03:14 AM PDT by izzatzo
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To: BobinIL
With the cost of EVERYTHING gong up, I'm not surprised that a direct correlation between crude and refined breaks down. Refineries need electricity, pipe, chemicals, fuel, lawyers, accountants, regulatory compliance officers - it's all in their cost of doing business.
To: MrB
The thwarting of the Keystone pipeline was a payback to Warren Buffet.
I think it could be both, with Obama finding shelter and support with Buffet.
42
posted on
06/14/2012 9:10:38 AM PDT
by
PA Engineer
(Time to beat the swords of government tyranny into the plowshares of freedom.)
To: Errant
Do you get the feeling that this has all been well planned, years in advance?
I do think it was well planned and believe this was a coup.
43
posted on
06/14/2012 9:12:28 AM PDT
by
PA Engineer
(Time to beat the swords of government tyranny into the plowshares of freedom.)
To: Errant
>Do you get the feeling that this has all been well planned, years in advance? <
There is some fascinating information in the Breitbart comment section if you’re willing to wade through the “oh yeah, and so’s yer momma!” troll scat.
44
posted on
06/14/2012 9:30:58 AM PDT
by
Darnright
("I don't trust liberals, I trust conservatives." - Lucius Annaeus Seneca)
To: Errant
America’s Dhimintude, jizya and subserviantude.
Subserviant behavior, thats all.
And that is consistent with Obama’s desires, so he too can rule like a monarch.
45
posted on
06/14/2012 9:39:07 AM PDT
by
himno hero
(hadnuff)
To: musicman
So, Obama would say that gas prices are "going all the way down?"
He's doing his part to keep it low at the pump.
To: Darnright
Thanks, I sometimes like the read the comments section, depending upon the site.
47
posted on
06/14/2012 9:49:58 AM PDT
by
Errant
To: izzatzo
Good businessmen can be wrong when they venture out of their expertise and economics is one of those areas for Trump.
Given the value of the dollar, we will not see $30 oil for sometime. Even with good corn crops, prices remained high to historical norms.
Second the Saudi's are pumping oil because they even realize that Iran and Venezuela want production levels that hurt the US and the West and not for sound business reasons. Saudi is smart enough to realize healthy western economies is good for business.
Also, they want oil prices at level which will slow the US development of oil that is now coming online with new drilling techniques. They can't stop it, but keeping oil at reasonable levels will slow prospecting.
48
posted on
06/14/2012 10:05:05 AM PDT
by
11th Commandment
(http://www.thirty-thousand.org/)
To: Darnright
49
posted on
06/14/2012 10:10:16 AM PDT
by
Errant
To: Errant
The question is, what are they expecting in return? An illegal ban on exploration in the Gulf of Mexico?
50
posted on
06/14/2012 10:31:35 AM PDT
by
kidd
To: kidd
An illegal ban on exploration in the Gulf of Mexico? Another part of their overall plan to limit US production.
51
posted on
06/14/2012 10:34:58 AM PDT
by
Errant
To: izzatzo
$3.80 a gallon is the “new cheap”? BS!
52
posted on
06/14/2012 12:45:18 PM PDT
by
WKUHilltopper
(And yet...we continue to tolerate this crap...)
To: alloysteel
53
posted on
06/14/2012 1:10:03 PM PDT
by
folkquest
(Nothing is fool-proof because fools are so ingenious!)
To: Beagle8U
$3.17 here in NW Florida.
54
posted on
06/14/2012 1:43:07 PM PDT
by
jch10
(BO, Leaker-in-Chief)
To: izzatzo
That's still very high, Becky, they should be at $30 if you look at free market.That statement bolsters Bachmens argument that if she were elected she would help bring gas prices down under $2.
A lot of Freepers laughed at her, but I think she was right, and $2 gas still could happen.
55
posted on
06/14/2012 1:57:47 PM PDT
by
Balding_Eagle
(Liberals, at their core, are aggressive & dangerous to everyone around them,)
To: Balding_Eagle
No doubt about it that she was correct, I agreed with her then and agree with her now. I think just the action of our re-starting our oil industry would knock down the price considerably.
56
posted on
06/14/2012 2:56:08 PM PDT
by
izzatzo
(Just beat Obama.)
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