At one time, the Middle east was considered to have the largest oil deposits in the world, and may still.
Large deposits of oil have also been found in Venezuela, Russia, America and Canada.
America could, theoretically be oil self-sufficient if oil companies stopped shipping oil to other nations.
In the meantime, we are still dependent on OPEC (Organization of the Petroleum Exporting Countries) of oil.
OPEC consists of about 15 nations in the Middle East, Africa and South America.
In one of his latest tweets, President Trump reminded OPEC, and especially the Middle East countries that the US defends them and therefore, they need to bring the price of oil down.
(White House Dossier) – The bargain the U.S. has struck for years with our overseas “partners,” whether in Western Europe, the United Nations, or the Middle East, is Hey, you get to abuse us all you want and we’ll spend money to help you and commit arms to defend you.
With President Trump, the free ride is over. Europe has to help pay for its defense. The United Nations can’t just walk all over a genuine ally, Israel, and expect the United States to sit silently or even play along. And now Trump is warning the sheikdoms we actually fought a war to protect in 1990 that they’ll have to start acting like they need us.
“We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices! We will remember. The OPEC monopoly must get prices down now!”
Some are blasting for Trump for having the nerve to insist that OPEC lower oil prices because we defend them.
They claim he is breaking years of protocol, but then protocol is not always a good thing or what’s best for America.
Politicians have been careful not to rock the boat with OPEC or other international organizations, but that mentality is what got the US into being on the wrong side of many international economic agreements.
Politicians are what messed up our country and it will take a non-politician like Trump to undo some of that mess, which is what he’s been trying to do.
The opinions expressed by columnists are their own and do not necessarily represent the views of Barb Wire.