The Saudi's are pumping oil ten to the dozen on behalf of Barry Soetero, I mean Obama. This is an election year so the powers that be want oil at a low price to appease the punters. It also helps the power crazy elite before they commence QE3 some time in the Autumn; to bail out their bankster buddies. This way oil is starting at a lower base giving them more fiat money printing room. Oil prices will fall during the year but quickly reverse later on. Read the article below.
Saudis Pump All Out as the Global Economy Crumbles | A Lightning War for Liberty
Last edited by Threethirty; 24th Jun 2012 at 18:45.