OPEC and the American Oil Business

[qualified-merc]

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

[engatwork]

Interesting, thanks for sharing.

[qualified-merc]

Some of those Saudi oil sheiks have so much money that when their mercedes benz overheats or has a mechanical problem while driving out in the desert, they get out of the car and walk back to town.


Instead of sending out a tow truck to pick up the car, they just head over to the mercedes dealer and pay cash for a new car! They have untolds amount of money to do anything they want to do.....


and you paid for it!