September 12, 2016

#EndlessWar is still about oil in the end

NPR graphic; numbers as of 2012.
President Obama, who's kept troops in Iraq, bombed Yemen, bombed and CIA-ed Libya, and other things to expand Bush's War on Terra, has proven that more than once.

The biggest proof just came down the pike today, though, with his threat to veto a bill that would let 9/11 victims and their families sue the government of Saudi Arabia.

Despite both the Bush and Obama White Houses doing all they could and can to stonewall looking into, and making public, Riyadh's connections to 9/11, it's clear that dots are out there waiting to be connected by legal action.

As for BushCo, Sen. Bob Graham has long claimed that Shrub shit-canned any attempt to bring the Saudi connection to light. He just reiterated that on Saturday.

Now, a couple of points.

First, both House and Senate passed the bill by voice vote. How many Congressional cockroaches will scurry for daylight when forced to stand on a record vote remains to be seen.

Second, what will the Saudis do if it becomes law? While the "shale revolution" has helped decrease the percentage of oil we import, we still import a lot. Just not all of it from the Saudis.

If the Saudis did try an embargo, it's likely both Iran and Iraq would do all they could to fill the gap. U.S. producers would step to the plate. And tar sands in Canada would ramp up. I can't see the U.S. having a major hurt, at least in the short term. And, after commodities futures markets got done with their rumor-mongering, I think the per-barrel price would settle at around $65.

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