The Saudi Arabian governments efforts to fix the price of oil globally has been pretty damn successful. This video breaks down the how and why. In a nutshell, the Saudis are overproducing, thus driving down the price. Russias economy is heavily dependent on natural resource exports, and driving down the price of oil to the staggering lows its currently at has caused the Ruble to see a dramatic loss of purchase value. All of this, of course, at the behest of their American masters; that is the reason the Saudis (along with Qatar, United Arab Emirates, Kuwait, etc) have manipulated the global oil market. And youll get (temporarily) cheaper gas. https://m.youtube/watch?v=OscgxuWPmgw
Posted on: Fri, 19 Dec 2014 06:41:18 +0000
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