Something is Looking Very Suspicious…Regarding the State of Many Oil-Producing Nations
The following perceptive comment was left under an article titled October Comex Gold “Deliveries” at The Metals Report. Even though JQuest states the obvious about the current status of some of the world’s most productive oil-producing nation, it is his conclusion that must be seriously considered.
Were an oil-producing country to ignore this trend, they might find themselves under assault in a day and a night and wonder why. Clearly the Saudi-American Oil Axis is taking hits as every monopoly is forced to do from time to time, in order to maintain the power of the cartel worldwide.
The Millennium Report
October 24, 2016
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Something is Looking Very Suspicious
About the problem oil producing nations are having…
Venezuela – On the brink of anarchy
Iraq – Under attack by Radical Islam (After Government Toppled by USA)
Libya – Under attack by Radical Islam (After Government Toppled by USA)
Syria – Under attack by Radical Islam (USA Attempting To Topple)
Ukraine – Civil War (Government Toppled by USA backed Coup)
Russia – Under Propaganda and Military Threats by NATO/USA
Nigeria – Oil Facilities Regularly under Attack.
Canada – Oil Pipe Line blocked which cuts the ability of get product to market.
Iran – Oil Sales blocked for years by USA and the West.
Who stands to gain from reduced oil production from these oil producing nations?
I think this is being done in attempt to prop up the Saudis, US Fracking and the petro-dollar by trying to drive up the oil price. If all these countries were free to export oil at higher capacity the price of oil would have fallen and stayed at $20 dollars years ago and stayed there collapsing the Saudi economy. I also believe the price of oil is currently being manipulated higher.
JMHO
(Source: Comment post by JQuest The Metals Report)