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Friday, October 10, 2014

WHY OIL IS PLUNGING: The Other Part Of The “Secret Deal” Between The US And Saudi Arabia

from ZeroHedge:


Two weeks ago, we revealed one part of the “Secret Deal” between the US and Saudi Arabia: namely what the US ‘brought to the table’ as part of its grand alliance strategy in the middle east. What was not clear is what was the other part : what did the Saudis bring to the table, or said otherwise, how exactly it was that Saudi Arabia would compensate the US for bombing the Assad infrastructure until the hated Syrian leader was toppled, creating a power vacuum in his wake that would allow Syria, Qatar, Jordan and/or Turkey to divide the spoils of war as they saw fit. The full answer comes courtesy of Anadolu Agency, which explains not only the big picture involving Saudi Arabia and its biggest asset, oil, but also the latest fracturing of OPEC at the behest of Saudi Arabia which however is merely using “the oil weapon ” to target the old slash new Cold War foe #1: Vladimir Putin.


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