Seeking Alpha

longoil » Comments » Single Comment |

  • China's Shrewd Long-Term Oil Plan: What America Can Learn [View article]
    This is a very interesting article.

    There is a recent book by James R. Norman called "The Oil Card" where he discusses the circumstances around two key oil price movements in the last 25 yrs.

    1) His first theory states that the major price drop of oil in the mid-1980's was orchestrated by the USA et al. to collapse the USSR. When combined with an expensive USSR campaign in Afghanistan and trying to keep with up Ronald Reagan's SDI "Star Wars", oil prices did indeed collapse the USSR.

    2) He also theorizes that high oil prices are orchestrated by the USA to prevent China from becoming the dominant world power.

    It is an interesting read.
    Oct 16 12:15 pm |Rating: +1 -1
All Comments by longoil »
Comments by Ticker
AAPL, AAV, ABB, ABX, ADM, AEP, AETUF.PK, AG, AGQNF.PK, AIB, ALTI, AMSC, AMZN, AN, APA, APC, ASO, AXP, AXPW.OB, BAC, BBD, BGP, BHI, BHP, BLXJF.PK, BMO, BNPUF.PK, BNS, BP, BPO, BPT, BQI, BRGYY.PK, BRK.A, BTE, BWP, BZF, C, CAT, CBAK, CCJ, CEO, CHK, CHP, CIEN, CLNE, CME, CNH, CNI, CNQ,
longoil's
Comments Stats
342 comments
Rating: 537 (1124 - 587 )