“We are on, perhaps, the verge of a global war over oil. What’s
happening in Saudi Arabia, and I don’t have an answer, but something is
not right. They’re collapsing the price of oil. My guess
is, they’re trying to punish Russia for the nuclear stuff in Iran, and
they’re also coming after us in fracking. But we’re a second banana.”
~ Glenn Beck
Beck talking about the declining oil prices and Saudi Arabia reducing the cost per barrel to $40. Now several states are contemplating raising their taxes on gasoline at the pump, taking advantage of the huge price drop.
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