why are oil prices going down? no, it’s not a saudi strategy to combat fracking (?) as msm would have u believe. neither is it demand and supply. there’s much more going on – like economic warfare.
Saudi Arabians have moved the price of oil down into the 40s. There’s a backup into the 60s. There’s a question of might it even go down into the high 30s. It’s undermining, even destroying some major economies in the world – the Russians, the Iranians, the Venezuelans. Maybe it’s even going to harm/hurt the Canadians. But what’s driving all this? And are we seeing a market mechanism, or are we seeing economic warfare? More from Larry Wilkerson here.