Raymond J. Learsy: The Why of Chokingly High Oil Prices. Bush Together With Saudi Arabia Spell …
There was a time when the Organization of Petroleum Exporting Countries
(OPEC) controlled by Saudi Arabia and under the pragmatic thumb of
Sheik Ahmed Zaki Yamani, would have opened wide the oil spigots in the
face of sky high prices and a looming U.S. economic recession. The
kingdom's wily old minister wanted to maintain a balance, siphoning off
just enough out of consumer's pockets to… » Full Story on Huffington Post
(OPEC) controlled by Saudi Arabia and under the pragmatic thumb of
Sheik Ahmed Zaki Yamani, would have opened wide the oil spigots in the
face of sky high prices and a looming U.S. economic recession. The
kingdom's wily old minister wanted to maintain a balance, siphoning off
just enough out of consumer's pockets to… » Full Story on Huffington Post
