Thursday, March 9, 2017

An Unintended Use Of The Price Of Oil...

...As an economic weapon?

I wouldn't give it anything more than speculation at this point, but it does certainly make for an interesting consideration.

I, of course, am not at all sure one could manage this as some kind of dictated action in the first place. Quiet agreements in quiet places can count for a lot, but enough here? Who's to say.

The thing is, though, that this really does put a monkey wrench into Putin's plans to get his economy going again. And the longer it continues, the harder it's going to be for him to spend his way back into a better "walk the walk" position as it refers to actually being a super power.

It would be ironic, don't you think, if Tillerson, the epitome of the global oil man, led an inadvertent policy of starving Russia of a real oil payoff. Unless, of course, if out of the blue, a new policy decision comes down that says we're storing too much, or that maybe we should be consuming more... Wait... Didn't I just hear of the notice that fuel economy standards are about to be rolled back?

So let's see here. We have conjecture of the price of oil being used as a weapon against the Russians. Coincidentally, we also have the fact that the new administration suddenly feels the urge to allow our vehicles to burn whatever on a mile per gallon basis.

Sure. Has to be a coincidence.

An Economic Perfect Storm Is Causing Oil Prices to Drop to New Lows

by  and