General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOPEC threatens a major production cut
This is a deliberate act that will result in a significant rise in the price of gasoline and heating oil over the next month. The Saudis are leading this effort and fully understand how it will impact our upcoming election. This would literally be a death blow to the Democrats chances of holding onto the House and maybe the Senate. I just hope the American people are informed about how treacherous and purposeful this action is. It highlights even more how the development of alternative energy sources has to be a priority in the coming decades.
msongs
(67,433 posts)speak easy
(9,292 posts)out pf business. The least they could do is to keep production steady until after November. Every dollar on the oil price benefits Vladimir Putin's genocide machine.
blm
(113,083 posts)Bluethroughu
(5,176 posts)MichMan
(11,959 posts)Bluethroughu
(5,176 posts)We keep our oil and regulate it through our ownership. If the oil companies, like the Kochs, and the the refineries in our country, the Saudis' now own our biggest refinery, want to mess with our economy, this is also known as economic warfare against our country.
Our country can and has in the past taken control of private industry and jailed board members and CEOs for working against our intrests. Purposefully driving up the cost of oil to cause inflation on everything is economic warfare against the USA, and is acting seditious.
MichMan
(11,959 posts)How do you think our economy would react?
Why not just order them to sell gasoline at $2 per gallon ?
Has just as much chance of happening
Bluethroughu
(5,176 posts)No exporting oil and no forgein countries owning production of our resources.
If the executives don't like it label them the anti Americans they are, then make them do it anyway or put them in jail.
They are tanking our economy on purpose that is economic warfare.
notdarkyet
(2,226 posts)Bayard
(22,128 posts)They want a malleable rethuglican in the White House.
Bluethroughu
(5,176 posts)They want more of that.