anyone who knows the history knows that back in the early 1970s, OPEC along with the commodity traders in Chicago engineered a plan to buy cheap oil from Saudi Arabia. This idea spread to other middle eastern countries.
It became cheaper to buy oil from Saudi than drill for oil here in the U.S.A. we got hooked on cheap oil then and we still are hooked on cheap oil. many many American oil companies went out of business over this B.S.
We have literally sent our petro dollars over seas so guys like this can do this:
https://www.msn.com/en-us/autos/news/man-with-staggering-20-billion-net-worth-put-a-car-order-in-so-big-that-mercedes-had-to-shut-down-its-factory/ar-AA288YV9?ocid=BingHp01&cvid=c33b7d29ddc3488e804de167d41fe211&ei=31