McCain:Saudis are more responsible for the Russian economic collapse

There you go. John McCain lashes out and admits it in the open its the Saudis whom are responsible for the Russian economic Crisis and why the oil prices are so low.

This mainly because the Saudis are still upset over Syria they feel beaten over it. They think can beat Russia with Oil, if they cant bribe Russia on Syria to remove Assad.
McCain hits Obama on North Korea hack, Russia

"We should be thanking the Saudis who have allowed the value of a barrel of oil to go to the point where it's affecting dramatically Vladimir Putin's economy," Putin said. "It has nothing to do with any action taken by the President of the United States."


And what about the Sanctions? they have no effect. This Saudi Arabia way of getting to Russia on Syria, the Saudi ISIS backers will stop at nothing to get what they want.

What exactly are we blaming the Saudis for? Lowering my gas bill?

Thanks, Saudis.

Sounds more like he doesn't want to give credit to Obama for the lower prices. These same kooks were blasting him when gas was over 4 dollars a gallon, but now that it's low... umm... THATS BAD TOO!

a reply to: DrJunk

Thanks, Saudis.

Yes Thank the Saudis for the creation of the ISIS and the fact that they are ones still backing them with finical support and lets thank the Saudis even more and why not lets give them there Syria to make Sure Saudi's Sunni influence is spread thorough the region.

Is that how you want to thank them? lets ignore what can be at stake at here.

a reply to: Agent_USA_Supporter

Wait, I thought it was the US who created ISIS?

originally posted by: Agent_USA_Supporter
a reply to: DrJunk

Thanks, Saudis.

Yes Thank the Saudis for the creation of the ISIS and the fact that they are ones still backing them with finical support and lets thank the Saudis even more and why not lets give them there Syria to make Sure Saudi's Sunni influence is spread thorough the region.

Is that how you want to thank them? lets ignore what can be at stake at here.

Don't lump all of the turds in the same basket, buddy.

I thought your thread was about the price of Oil and who John McCain thinks is to blame for it, am I wrong?

a reply to: Agent_USA_Supporter

Selfish, me me me seems to be pretty big at the moment...never mind if people are dying left and right...we have petrol a couple of pennies cheaper a litre...nice.

A world without oil...

Life would be so much better.

A world without McCain as well, both old fossils... Imagine if he became president the last time, this guy never would get tired starting wars behind his desk, all safe with a big smile on his face I would bet.

“John Kerry, the US Secretary of State, allegedly struck a deal with King Abdullah in September under which the Saudis would sell crude at below the prevailing market price. That would help explain why the price has been falling at a time when, given the turmoil in Iraq and Syria caused by Islamic State, it would normally have been rising.”

www.informationclearinghouse.info... This did not happen because it would have to be the bankers (Rothschild / Rockefeller ] that are working with their plan and only using their political puppets as couriers . a reply to: Agent_USA_Supporter

a reply to: ScientificRailgun

Both, you probably didn't see the video where McCain and other had there minds on arming the ISIS in 2013 in order to remove Assad.

a reply to: Agent_USA_Supporter

Do you mean the video where he supports arming Rebels?

Funny, he doesn't mention ISIS by name, or even imply that he intended to arm a budding caliphate intent on taking over the middle east.

John McStain is symbolic of everything wrong with the American political system. Blame SA sure!!!! Without us SA would be nothing. We give them billions in arms deals, by their oil, protect their country and do their fighting for them! Nothing SA does is without our approval plain and simple. John McCain can go eat the end of a 12 ga and pull the trigger'! He's an old washed up out if touch loser! Our country is bleeding because of losers like him. We will be witnessing the bankruptcy of an entire industry and see millions more Americans out of work in the shale oil and gas industry. And yet all this old fool can do is point fingers.

a reply to: Agent_USA_Supporter

Ah, no the US Shale Gas industry is just as much to blame for the falling price of oil.



Source
They've been at war with OPEC and basically trying to show eachother whose is bigger.

WTI was at about $65.84 per barrel Friday, its lowest close in more than five years and nearly 40 percent below its June peak. The latest leg down came after OPEC last week followed the lead of Saudi Arabia and declined to cut production in order to stabilize prices. Saudi Arabia has said it would not go it alone with production cuts and is aiming instead to hold on to market share during the price slump, while shaking out the weakest producers.

"No matter how low oil prices go, there will be no (shale) production shut in. The cash component (cost) will be, say, $15, $20, $25," Gheit said, noting the expenditure for land and drilling has already been made. "Oil prices will have to go below $30 for some of these wells to be shut in, and even then the owners need the cash to survive. They will milk the cow until the cow drops dead."

Morse said one factor that could keep the U.S. shale industry drilling is that there are a high number of incomplete wells that could easily be turned into productive wells. He estimates that there are thousands of such wells in Texas, Oklahoma, North Dakota, Ohio and Wyoming.
Read MoreSorry, Iran—lower oil prices are a win for America

"There are a very large number of incomplete wells that have been drilled, and they're the cheapest ones to bring on. So, if companies are going to be strapped for cash, the best way to get cash is to complete wells ... the average for that completion is $5 a barrel to complete a well that's already been drilled," he said.

Source

~Tenth

a reply to: ScientificRailgun

He never does mention them by them as he did say whomever they are lets arm them anyway.

a reply to: tothetenthpower

Thanks for that.

They've been at war with OPEC and basically trying to show eachother whose is bigger.

If Saudi Arabia believes that they are bigger when it comes to the oil they are mistakenly quite wrong, Iran, Egypt,Russia/China oil would have being stronger if the west wasn't looking at an regime state for guidance.

a reply to: Agent_USA_Supporter

Good, just so we're clear. And I agree with you, the US did play a role in arming ISIS, whether intentional or not is yet to be seen. However; I really don't think they would do so intentionally as ISIS basically undid a lot of the good (subjective, of course) the US did in Iraq over the last decade.

Though I will agree with you wholeheartedly in that US Weapons are in the hands of the caliphate.

a reply to: Agent_USA_Supporter

It's not about who is the most productive player, it's who is the most powerful.

Don't forget the SA control OPEC, and therefore a lot of the world's economies than are pinned on oil.

Like mine here in Canada for example.

I think it's good, they are somewhat being pushed out by a Western power such as the Shale Gas Industry, although I'd rather we move towards renewable sources, I'd rather see us depend on ourselves for oil first, then SA or other Euro-centric organizations/countries.

~Tenth

a reply to: tothetenthpower

When you read that the US has become the biggest oil producer (at least according news outlets) but we only read time after time SA doesn't want to cut production but never about the US which should cut production, if they are the biggest oil producer today, why shouldn't the US cut production if this is so ''needed'' to keep up oil prices?

In my country (holland) these low oil prices doesn't move mountains still at what you pay at the pump, half of the price or more you pay over here are taxes. 1 litre coca cola is cheaper..
One positive effect though I guess people over here drive more and more very fuel efficient small cars /or electric although when that happens it's time for the government to raise the taxes even more!

originally posted by: DrJunk
What exactly are we blaming the Saudis for? Lowering my gas bill?

Thanks, Saudis.

Sounds more like he doesn't want to give credit to Obama for the lower prices. These same kooks were blasting him when gas was over 4 dollars a gallon, but now that it's low... umm... THATS BAD TOO!

No, he is saying it's good. It just was not Obama who did it.

For years the world has struggled with high prices because of an apparent lack of supply.

Now, when it favors them, the price halves on a moments notice.

Its becoming obvious how much the government is screwing us over!

originally posted by: Agit8dChop
For years the world has struggled with high prices because of an apparent lack of supply.

Now, when it favors them, the price halves on a moments notice.

Its becoming obvious how much the government is screwing us over!

It has nothing to do with our government. Much of the worlds oil can not be harvested at the price oil is at right now. Some needs $80/barrel, some needs $100/barrel.

Either way, this is the Saudi's doing, not the US government.