The Middle East Uprising and the Price of Gas
HAVE NOTHING TO DO WITH EACH OTHER.
The Suez canal is open, the oil fields are still "producing" and NOTHING HAS CHANGED.
OPEC sets the price of oil per barrel. OPEC is a group of 12 men sitting around a table, arbitrarily raising oil prices AT WHIM.
Oh sure, it's easy to link the two. That's what "they" want you to believe.
But the fact is: The Suez canal was NEVER CLOSED FOR EVEN A MINUTE due to the Egyptian revolts, Libyan oil is still being shipped as it was 3 weeks ago regardless of Gaddafi and Saudi Arabia NEVER EVEN HAD AN UPRISING.
WE ARE BEING ROBBED, RIPPED OFF AND SCAMMED.
What is OPEC?
It stands for "Organization of the Petroleum Exporting Countries"
What do you mean twelve men?
OPEC is comprised of twelve countries:
Algeria, Angola, Ecuador, Iran, Iraq, Kuwait
Libya, Nigeria, Qatar, Saudi Arabia, Venezuela
The United Arab Emirates
Read those names again!
How many of those countries are involved in the Middle East revolts?
2 or 3?
Have any of them have stopped producing or have limited oil shipments?
NONE OF THEM. NOT ONE.
The only thing driving up oil and subsequently gas prices is OPEC's bottomless pit of GREED and plain old fear mongering.
"OPEC's influence on the market has been widely criticized, since it became effective in determining production and prices."
This has been known for years!
Can you hear Dick Cheney and Halliburton laughing? Halliburton is the world's leading "oil field services company". Every time oil prices go up, they make money, too.
All of this madness must stop.
OPEC sets the price of oil per barrel. OPEC is a group of 12 men sitting around a table, arbitrarily raising oil prices AT WHIM.
Oh sure, it's easy to link the two. That's what "they" want you to believe.
But the fact is: The Suez canal was NEVER CLOSED FOR EVEN A MINUTE due to the Egyptian revolts, Libyan oil is still being shipped as it was 3 weeks ago regardless of Gaddafi and Saudi Arabia NEVER EVEN HAD AN UPRISING.
WE ARE BEING ROBBED, RIPPED OFF AND SCAMMED.
What is OPEC?
It stands for "Organization of the Petroleum Exporting Countries"
What do you mean twelve men?
OPEC is comprised of twelve countries:
Algeria, Angola, Ecuador, Iran, Iraq, Kuwait
Libya, Nigeria, Qatar, Saudi Arabia, Venezuela
The United Arab Emirates
Read those names again!
How many of those countries are involved in the Middle East revolts?
2 or 3?
Have any of them have stopped producing or have limited oil shipments?
NONE OF THEM. NOT ONE.
The only thing driving up oil and subsequently gas prices is OPEC's bottomless pit of GREED and plain old fear mongering.
"OPEC's influence on the market has been widely criticized, since it became effective in determining production and prices."
This has been known for years!
Can you hear Dick Cheney and Halliburton laughing? Halliburton is the world's leading "oil field services company". Every time oil prices go up, they make money, too.
All of this madness must stop.
That's what Donald Trump was saying. He said if he became president of the US that he'd go after OPEC cause he sees them for what they are and what they are doing to the world.
ReplyDeleteSeriously, something needs to be done about OPEC.