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Saudi Arabia keeping the price of Oil down because of Russia? Think again…

Posted on November 8, 2015 by RichInWriters

Saudi Arabia keeping the price of Oil down because of Russia? Think again…

Oil speculators that want the price of oil to remain high will sell the idea to people that OPEC who profits from war wants to keep the price of Oil low to destroy the Russian economy. But actually OPEC doesn’t care about Russia, What OPEC cares about is keeping its power and it’s not in OPEC’s interest to keep the price of OIL too high.

OPEC countries unlike western countries keeps it’s focus on keeping COSTS low which is the only reason other oil producing countries are struggling. People forget the reason OPEC was formed was because the U.S took it’s money off the gold standard and once fiat currency was created in left OPEC at the mercy of the speculative U.S dollar.

The lesson OPEC learned from this was keeping costs down, which is easy when your countries are ruled by dictators. well western nations aren’t ruled by dictators and western nations have rules and regulations they must abide by which forces prices consumable goods up. This is where Germany comes into play.

Germany Just Got 78 Percent Of Its Electricity From Renewable Sources

On Saturday, July 25, Germany set a new national record for renewable energy by meeting 78 percent of the day’s electricity demand with renewables sources, exceeding the previous record of 74 percent set in May of 2014. Now Germany isn’t exactly recognized globally as the sunniest place on planet earth. Yet Germany found a way get 78 percent of its energy from renewable sources?

Mind you we are in the beginning stages of the global renewable energy revolution and the reality is once Germany can prove that it can be done and sell their cheaper more efficient energy model to the world, what’s going to stop other countries from following suit? You guessed it absolutely NOTHING!

Now if you’re of the belief that the middle east won’t get into renewable energies you’re wrong, infact Saudi Arabia already has plans to take over their renewable energy projects. It’s hard for people to comprehend why Saudi Arabia  would want in on renewable energies until you understand the renewable energy model they’re trying to bring forth.

The German renewable energy model gives the power to the people while the Saudi renewable energy model resembles the same energy model the world has today the difference of course being that instead of coal, gas or Nuclear the Saudi’s will use renewables.

In way you can understand in Germany you’ll see a lot of homes and buildings with solar panels on them, in the Saudi Arabian model the solar panels will be owned and controlled by the governments.

So why would OPEC lower the price of oil and invest in renewables that doesn’t make sense?

Actually OPEC lowering the price of oil makes perfect sense… if you observe right. Lowering the price of Oil keeps countries like Canada from competing, it also causes deflation in the U.S markets, which forces stimulation, which helps to destroy the U.S dollar.  Obama printed a lot of money and helped a lot of rich people get a hell of a lot richer and if the United States doesn’t get off it’s money printing addiction foreign interests will completely dominate the U.S government.

Now there’s two very interesting things going on in politics Trump and Clinton. Trump doesn’t seem to be a fan of renewable energies and will allow the keystone pipeline to go through. Clinton in the other hand will invest in renewables.

There are pros and cons to both arguments because expensive oil isn’t going to fix the American economy, in fact expensive oil will probably make the economy worse. Renewable energies on the other hand combined with lower oil prices will create a lot of new jobs. Because despite what people think renewable energies can build their own sustainable energy economy.

Something that’s hard for most people to wrap their heads around is that renewable energies for the most part are energy technologies… meaning they getter and better year after year. Plus when it comes to technologies parts inevitably need replacing, fixing, INSURING, maintaining, building, drafting the list goes on and on.

Renewable energies are good for main street and bad for wall street, because as the technology improves competition will be fierce and once the average American has a degree of control of energy prices wall street money goes back to main street.

With all that said it’s important to note that Oil won’t wither away, it’s just people which include businesses won’t need fossil fuels to power their homes or fuel their cars or trucks. So in the future if the price of oil goes up in will be in larger part to different forces and this is what the Saudi’s are positioning themselves for.






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