Re:Saudi stocks slump as minister warns of ‘painful’ measure...
by ashtonkem on Sunday May 03, 2020 @09:54PM
(#23063788)
America no longer wants cheap oil; it crowds out the natively produced stuff. Gasoline is currently < $1/gal in many states due to the production glut and pandemic, and the president is currently talking about how to increase the cost of oil.
I don't think that everyone has fully grasped how America being energy independent changes the game.
US foreign policy is shaped around making sure the whole region remains in conflict. That allows for more weapons sales, cheaper oil due to infighting, and excuses to intervene and have the military there.