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Originally posted by pai mei
Iraq was invaded to keep the oil production low and make the price of oil high.
Hugo Chavez : "I want to sell cheap oil". Why then does not Bush go to him and have the same good relations with him as he has with Saudi Arabia , if oil is what he seeks ?
There is far less democracy and civil liberties in Saudi Arabia than in Venezuela.
Bush and the oil companies hate Chavez because he could sell cheap oil and undermine their profits
Here is a video of Greg Palast talking about these things , check minute 40 :
[edit on 20-6-2007 by pai mei]
Originally posted by sy.gunson
Good well then higher oil prices will act as a catalyst for developing alternate fuels and technologies so in the end, the oil men will lose.