October 23, 2006, - 1:43 pm
Quick Questions on Saudis, OPEC & Oil Prices
By
Remember–not too long ago–when gas was topping $3 per gallon? Remember how our “allies” in the War on Terror, the Saudis–and our other OPEC buds–told us how they couldn’t possibly change the price? Remember how they told us that even if they boosted production and supply that the Chinese are now such great consumers of gas, that it would never bring the price down?
We remember all of these things, all of these excuses, which is why we ask this logical question:
So, now that gas is hovering just over $2 per gallon, why do our “friends” the Saudis and our other OPEC nation buds suddenly think they can cut production and boost the price so quickly? Didn’t they tell us they couldn’t possibly affect the prices? Were they lying to us, then? Probably.
And is this the new logic of “What goes down must come up, but what goes up [in their bank accounts] must never come down”? Sure sounds like it.
Just asking.
****
In case you were wondering the OPEC member nations–some of which are supposed to be our “allies” (but all of whom act like our pushers)–are: Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela.
Tags: Algeria, bank accounts, Debbie Schlussel Remember, Indonesia, Iraq, Islamic Republic of Iran, Kuwait, Libya, Nigeria, Organization of Petroleum-Exporting Countries, Qatar, Saudi Arabia, United Arab Emirates, USD, Venezuela
I agree with G. Gordon Liddy, the Saudis are not our friends or allies. And that goes for all the others, too.
AMEN.
DEBBIE SCHLUSSEL
Jeff_W on October 23, 2006 at 3:09 pm