On 11/28/2014 10:50 PM, nestork wrote:
People need to understand that the US government and the Saudis are
trying to lower the price of oil to weaken the Russian economy as well
as reduce the income of ISIS.

Russia is a poor country and is heavily dependant on it's export of both
natural gas and crude oil to maintain the pathetic standard of living of
it's population. The drop in oil prices from near $100 a few weeks ago
to under $66 today will hit the Russian economy very hard. The
objective here is to force Russian troops and military advisers out of
Ukraine.

Also ISIS receives most of it's income from the oil wells and refineries
it has captured in Iraq, and lowering the price of oil reduces ISIS's
ability to continue paying it's soldiers.

OPEC voted to maintain their current production of oil yesterday because
it is in Saudi Arabia's interest to choke off the money supply to ISIS,
and America wants to choke off the money flow to Russia to convince them
that their interference in the fledgling Ukraine democracy won't go
unpunished.

What we have here is the West (the USA, Britain and the EU) applying
pressure on Russia to get out of Ukraine and attempting to starve ISIS
of it's ability to buy weapons and fighters to use them.

There are also reports that OPEC is trying to shut down US shale gas
production. Probably bit from column A, bit from column B.

--
Froz...


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