Tag Archives: saudi arabia
The Sordid Politics of Inflation
President Joe Biden just crapped the bed. Again! The near octogenarian thought he’d struck a secret deal back in July. You may have seen Biden’s fist bump with Saudi Crown Prince Mohammed bin Salman at the time. The non-binding agreement called for increased oil production until at least December, after the midterm elections. Continue reading
Posted in Inflation, MN Gordon
Tagged deglobalization, joe biden, mohammed bin salman, opec, saudi arabia
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Why the U.S. Government Should End the 40-Year Crude Oil Export Ban
An abundance of oil hides a lot of mistakes. Just think of Saudi Arabia. Oil accounts for 95 percent of their exports and contributes 70 percent of government revenue. Unfortunately, the royal family’s taken this cash cow and squandered it. … Continue reading
Posted in Government Debt, MN Gordon
Tagged fracking, gas prices, oil prices, prince alwaleed bin talal, saudi arabia, u.s. oil export ban
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