Thursday, June 12, 2014

ANOTHER YEAR, ANOTHER REAMING

This year / this time it's Iraq again. Use the Al Queda bogeyman to push oil prices (and profits) up. Captive audience of consumers is easily distracted from glut of North Dakota oil being refined and  sold to Latin America and across the Pacific to Japan and Korea...and maybe getting to China. It's just a great big wad of bullspit to drain the struggling but populous middle class.