[FoRK] geopolitics of low oil prices

Gary Stock gstock at nexcerpt.com
Mon Jan 11 05:26:46 PST 2016


Poe's Law being as it is, we will need you to clarify.

A puppet state of the US?  Or a puppet state of Islam?

GS

On 1/11/16 12:39 AM, Adam L Beberg wrote:
> Saudi's are a puppet state of  ....
>
> Makes perfect sense now doesn't it.
>
> - Adam L. Beberg
>
>> On Jan 10, 2016, at 9:24 PM, Lucas Gonze<lucas.gonze at gmail.com>  wrote:
>>
>> http://www.usatoday.com/story/money/cars/2016/01/10/oil-gas-prices-one-dollar-gallon/78080908/
>>
>> First the quote:
>>
>> "Gasoline prices are driven mostly by four factors: oil prices, proximity
>> to refineries, refinery capacity and state taxes and levies. Oil prices
>> have dropped below $33 a barrel and continue to collapse. The recent
>> decision by Saudi Arabia to continue to keep its oil exports high
>> essentially has dissolved the OPEC cartel. The decision also has forced the
>> kingdom to chop its 2016 budget."
>>
>> Now the red meat:
>>
>> What are the geopolitics of that choice by the Saudi's? In particular, how
>> does it benefit them in their conflict with the Iranians?
>>
>> What I don't know is why the Saudis are willingly doing this to themselves,
>> given their reliance.
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