With ISIS Help, American Oil Producers Drive Up Oil Prices
Last week, America’s oil industry efforts were buoyed by news that Islamic State (ISIS) extremists are unknowingly helping the U.S. oil industry’s crusade for higher gas prices.
Last week, America’s oil industry efforts were buoyed by news that Islamic State (ISIS) extremists are unknowingly helping the U.S. oil industry’s crusade for higher gas prices.
Why are the major corporate oil players fighting the business equivalent of a World War to drill for more oil in every available space on earth, land and sea? If oil is going to be such a losing proposition for the foreseeable future, why waste literally billions on highly expanded and continued drilling for the stuff?