Here is my theory on why Oil prices have gone so low. 1) I think Israel, Obama(not really America), and Saudi Arabia have made a pact. 2) Saudi Arabia wants Iran bombed by Israel. Saudi Arabia sees Iran as a future problem in Middle East. They are also hurting Iran oil industry. 3) Israel does not want Iran to be Nuclear capable. Israel knows that if Iran gets nukes, they will sell them to other middle east countries(everyone will have one) and that makes the region a powder keg. If Iran goes Nuclear, they can be more aggressive with their military. Possibly invading other oil rich countries with Nukes as an insurance policy. 4) Obama likes the lower gas prices, it will also hurt Russia, it makes his veto on the pipeline more viable. He will say we dont need it now,look at the low gas prices. It also hurts the Republicans base state of Texas. You weaken Texas and you weaken the Republican Party. I predict Israel will take out Irans nuclear facilities in March or April of this year. An attack on Iran with very low oil prices would be perfect time. Oil would go back up ,but not to $200 a barrel, not from $45 a barrel current prices.
Posted on: Fri, 16 Jan 2015 07:56:04 +0000
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