Originally posted by Nephalim
reply to post by ModernAcademia
There is something else involved here, that likely makes that player not Russia.
Warfare can be conducted economically too.
For instance when Ronald Regan sold his Star Wars space based defense initiative as being real at the SALT talks in the early 1980's, it added a new
level to the arms race between the Soviets and the USA.
The thought of the US rendering Russia's missiles obsolete led the Russians to begin a lot of costly research and development in how to create their
own space based defense initiative.
Regan though was trying to Bankrupt the Soviet State so to do that, he calluded with the Saudis, to up their gasoline production to keep the price of
gasoline artificially low, by not just dumping oil cheaply on the spot market, but 'cooking' the books to make it look like the Saudi's had a lot
more oil in the ground than they did.
Russia is rich in oil, but by keeping the price so low, Russia couldn't raise the revenues it needed to match Star Wars and wage the war in
Afghanistan too. Eventually trying to do both bankrupted the Soviet State.
In the aftermath of the First Persian Gulf War, the sanctions aimed at Iraq, that prevented it from selling gasoline, by sanction, except a limited
amount just for medicines, basically prohibited Saddam Hussein from waging economic war on the West, by using Iraq's oil reserves to do to America
what the Saudis helped us do to Russia.
Hussein could have easily had his revenge, by hitting Exxon/Mobil, Shell and BP hard by dumping oil cheap on the market creating an artificially low
price, that would have not only hurt those corporate interests but decreased the tax revenues off of gasoline.
The sanctions were sold to the world as a way to keep Saddam from rearming and acquiring more sophisticated weapons, but it was actually to prevent
him from waging economic war with oil by selling it cheaply.
What is going on with Iran right now is also very similiar, by keeping Iran on a near constant war footing, it can't sell it's oil and gas cheaply
just to hurt western interests, and still have the money it needs to bolster it's own defenses in case of attack from Israel and the United States.
A lot of what goes on in the Middle East is deliberately to keep the price of oil artificially high.
That's the whole real reason for the carte blanche support of Israel, because as long as Israel is unrestrained and flush with weapons and cash,
it's always going to create the instability in the region to keep the price of oil inflated.
Of course this is great for the oil companies, and great for the governments and their tax coffers, but it's really bad for us the average consumer,
where gasoline itself is like a tax because so many of us need it to get to work and lead our lives.
Russia has tons of it's own reserves, so it doesn't need Iraq to sell it's oil, and it too economically benefits from the high price of oil and gas
since it has so much.