While gasoline prices remain high and under pressure elsewhere
in the world, prices here have been stable ($3.80 a gallon down from May 2012)–
and – surprise - just in time for the US elections! At least so they won’t be a
negative factor for the Obama Campaign barring a shooting war between Israel
and Iran.
Wait you say, “That would mean the Saudi’s are interfering
with our election process!” No, it means they were invited to by the Obama
Campaign and pressured perhaps by the Obama Administration. (in the last 4
years Saudi Arabia purchased over 52 billion dollars of advanced weapons systems
from the US – much of it opposed by Israel as a threat to its own national
security interest http://www.al-monitor.com/pulse/security/01/09/steeplechase.html
)
Legendary investor Jim Rogers in an interview and reported
in July 2012 thinks the Saudis want to see Obama re-elected.
Is it at all plausible that the Obama administration
accustomed to using and well criticized for hard ball Chicago style election
tactics would actually violate US law and pressure the Saudi’s to open up the
supply spigot for oil in an effort to drive down gasoline prices at the pump
for political purposes? Or, might they just
bend the law up to the point of breaking it, with well placed official assurances that
Saudi interests would be better served with Obama occupying the White House for
another 4 years - rather than say… oh, I don’t know…. risk an Israeli loving Romney
administration who’s also on public record for supporting energy independence
for the US from Middle Eastern oil by fully developing US oil, natural gas and
coal?
