I know. “WHAT!? PSSSHHH CAIN HAMMOND THALER YOU ARE A FUCKINGIDIOTYOUSWINGWHYWOULDUSAYSCH2HINGS…..”
Save it.
I know where the Middle East gets its food.
So if they want to play chicken with the oil, well…that oil gets loaded onto ships which get taken to storage centers that refine it into, amongst other things, diesel, that gets shipped to farming operations who’s harvests – the preponderance of the world’s food supply – get loaded back onto ships and sent to places like Iraq or Egypt that have so many fucking idiots crammed into large population centers that are definitely not self-sufficient (and in the middle of nowhere), that at the point hunger set in these people would literally start to cannibalize themselves.
Besides – let’s say the Middle East desert dwellers decided to play rough and throw some sanctions on the US. No more oil for us; so bad, we’ve been…
Okay, so how does that make prices go up? Are they not selling this oil to anyone??
No, more likely they’re just selling it to China…who would no longer have to worry about competing bids from the US.
SANCTIONS DESTROY MARKET FORCES
The heavy competition that’s keeping oil elevated here (we’re going into another recession, so oil’s over $80 a barrel?) can only be eliminated by the Iraqi cave dwellers screwing with us. Unless China’s about to triple their oil consumption, to help spite us, they’ll probably just start getting their oil exclusively from the Middle East – at a nice comfortable $60 a barrel, of course.
Because the Middle East won’t be finding any other buyers.
Meanwhile, the US can just go to the markets China leaves while they’re gobbling up cheap crude oil at “exclusive buyer” prices, and get our fix there.
As long as the middle east keeps on pumping and that oil goes somewhere in the system, it benefits us.
So I guess Iraq’s other option is to see how long they can go without those oil revenues.
Yeah, that’s what I thought. Fuck off.
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I think we should save our reserves and use theirs up, letting juuuust enough of our supply on the market to keep prices semi sane, Then when they are out of oil put the squeeze on them. No oil, no food for the masses. Pretty simple and payback would be so sweeeeet.
This, is a great idea
THAT has already happened and has been the justification for our energy policy for decades: use up everyone else’s resources while we develop alternatives and leave the rest of our stockpiles dormant for a rainy day. #hegemonybitches
Sorry for the delay, just sent to you both.
Don’t you mean Iran? What’s all this talk about iraq?
Iraq’s Oil Minister (I think, might have been someone else in the government) came out last week and said Islamic countries should band together and use oil to force the US to side with them on the Palestine / Israel conflict
lol. Thanks for the reference.
It’s funny how they talk. As if they are all one “side.” LOL they can’t stop murdering themselves. Look at Lebanon for decades, Syria, Iraq if the Americans weren’t playing police would have been sunni shiite massacres, look at the MILLIONS killed in the Iraq-Iran war…. But all of these arabs hate Jews so much that they are willing to pretend they are an allied force against Israel.
For reference, in 1948, Iraq, Iran, Lebanon, Transjordan, Egypt, etc were among the separate nations who sent their own army units into Israel to attack Jewish communities and carve up pieces of the former british mandate for their own countries’ control. Not one bit of unity in that entire war and they were each routed separately. One personal ass-kicking for each. lol at these arabs.
I just wonder, do they still think they are getting pieces of that land for themselves, or are they just vindictively jealous of the victorious Jews living there? Not one of these countries cares one bit about so-called “palestinians” or their desires to genocide israelis (or, in UN-speak, “self-determination”). So it’s funny they want the world to gang up and punish Jews, just because.