The USA has the power to eliminate and bankrupt the axis of evil. Previously I had to remind some of you that OPEC is well aware of the upper price threshold. The pice of seventy five dollars per barrel is the current price that Oil Sand and Oil Shale become economically viable. The USA and Canada have plenty of supplies and can flood the market.
It is important to know that all comodity prices fluctuate in cycles. The prophets of gloom and doom always extapolate staight line price rises. This is not the way markets work.
Our enemies the Saudis, Hugo Chavez, Iran and whatever Putin is at the moment depend on Oil prices to survive. However, news last week of an Israeli method that can produce shale oil at 18.00 a barell is the best news on the war on terror so far. Our enemies chief economic component becomes worthless. The Saudi Royal Crime family could go bankrupt and Hugo will no doubt be assasinated or be overthrown in a coup.
The mullahs of Iran will see their dreams of empire go up in smoke. Well paying Union jobs will be created in Canada and Colorado. Opec will see its market share be cut and other countries with Oil Shale will get in on the act.
In the end the Saudis, Iranians and Venezuelans ruined their chance to create something. With their oil revenues the Saudis could have built Universities reclaimed the dessert. Instead they wasted their vast fortune on exporting a vile strain of Islam called Wahabism. The Iranians loose the ability to fund their Syrian and Hezbollah allies. Uncle Hugo becomes a laughing stock and his dreams of being the new Fidel die with him.
Our enemies including those who are waterfowl will invent an enviromental armagedon.
Our enemies are obstructionists and always look for excuses except when their socialist utopian ponzi scheemes go up in smoke. There was never a reason to oppose drilling in ANWAR or building new refineries or nuclear power plants. The left lives in a fantasy world where the demand side can create a green fantasy land. In reality
there is limited potential in energy reduction. The best way to reduce energy prices is to increase supply. Our enemies do not understand markets and want to live in a world of deprivation and socialist ponzi scheemes.
The future of Oil Shale is our greatest weapon in the war on terror.
Beamish in 08, Ducky to Gitmo