Le Jacquelope
Loves Spam
- Joined
- Apr 9, 2003
- Posts
- 76,445
That does not bolster your claim that it is because the US is waiting until everyone else runs out. That is what I was challenging.How much research do you think you have to do?
Just two questions will do it.
1. Does the United States have oil reserves. (Yes, of course--lots of untapped oil)
2. Is the United States dipping into its oil reserves. (No, certainly not)
So my original statement, the opening statement of this threadThere's absolutely no difference in the sovereign Saudi Arabia manipulating its oil reserves
that manipulation is going on
is in fact not wrong, but now we are moving on to the discussion of whether the act itself is okay?
I just want to be clear on that.
None of this disproves my original claim that the Saudis - and by extension, OPEC - are holding back oil in order to jack up the price - a clear example of price manipulation. Nothing you have said, has disproved that. In fact, you are boldly bolstering that claim while proclaiming the righteousness of holding back supply to falsely increase demand and therefore prices.as it sees fit and the sovereign United States manipulating its oil reserves as it sees fit. The Saudis owe you no oil whatsoever--certainly don't owe you as much of a response/explanation as your own government does.
I have enough experience to know you just thoroughly pissed all over the concept of a "global economy". How's that supposed to work when everyone is free to restrict exports as they see fit in order to manipulate prices?It's true that supply is capped by refining capacity (which the United States has neglected)--but that has nothing to do with where the oil comes from to be refined.
You don't have much experience in international relations/economics, do you?