posted on Nov, 29 2011 @ 09:32 PM
Um....have you checked the price of crude oil lately?
Were you aware that our government gets 30% of all off-shore oil production, with none of the associated production costs? It certainly benefits the
US government to have oil as high as possible. Mainland drilling on private land doesn't get them much at all. Government controlled lands is the
same deal as offshore, but there is the issue of environmentalism.
Higher prices send oil companies out in a frenzy of drilling in search of profits. The US wants the drilling here, just offshore. War in the middle
east only means the war profiteers make a killing (pardon the pun), and those big money wheelers and dealers finance both sides to their benefit. War
machines need lots of oil.
Halliburton stock is way up today. Perhaps they smell opportunism in the air.
As for "economic recovery", I watch the financial markets every day, and there is no "recovery". In fact, I believe the MF (as in, Missing Funds)
Global scandal is just another domino that fell, wait until the others go, too (keep Jeffries in your mind, they may be the next one to go belly up).
The whole Eurozone may collapse in the next 10 days or so.
When financial collapse and societal melt-down is approaching, the war machine rolls out.
Therefore, I respectfully disagree with you and your premise.