Trump says:
Posted July 17th, 2008 by Bob W
output
"Plenty of oil" out there "there's too much oil." He agrees with what Iran has been saying about too much oil and that they can't even sell it.
Yep, that is likely the case and many suggest it's the reason why the Iraq war happened.....wanted to shut down Saddam from selling too much oil and not for U.S. dollars. If it's known that there is an oversupply, prices would drop substantially.
I just can't figure out if Trump was supposed to say that about too much oil to help lower the price by that public announcement and help the stock market, or if he wasn't supposed to say that and "they" are not happy with him.
Any input?
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Me and my husband have been screaming to everyone
for the past two months..,"THERE"S NO SHORTAGE!" Do you see any gas stations closing down? Do you see the gov't rationing any oil? Do you see a cut back in plastic? No, No, No.
That is just a smoke screen, they are trying to explain their way out of this mess they created. It's the dollar and the debt. Period.
1. We are buying oil from Saudi in exchange for their buying out debt.
2. Our debt is getting bigger..
3. They need more money to purchase the growing debt.
4. Wall street raises the cost of oil.
5. Saudi get's more money to buy more debt.
6. Repeat steps 1-5
oh, that is a good
point. We can't trust him. Peace