Who's victimizing whom in Mideast? The conventional wisdom of the U.S. State Department, the European Union, the United Nations, the international media and, of course, the Arab oil ...
The vast power of the Saudi [ARAB] Lobby - ...Even during the Saudi-led oil embargo of 1973-74, an exceedingly hostile action ... Leading the Arab charge on Capitol Hill was the debonair Prince Bandar, ...
http://www.likud.nl/press433.html
The Power of Saudi Arabia's Islamic Leaders - Middle East Quarterly Lacking as they do formal control over policy making, the power of the ulema is missed ... October 17: A Kuwaiti-sponsored conference of Arab oil-producing ...
http://www.meforum.org/article/482
OIL! POWER! What If it wasn't ARAB - MUSLIM BIGOTS who suck us to
the bones at the pump
July 2008
A simple question, What if it was not the Arabs, not the Muslims (OPEC)
that control the world's energy?
What if the oil tycoons were of a different background, say Irish Catholic
or Jewish?
Could you imagine how they would be lynched [in the media and all tools of
public opinion]?
But it's "only" Arabs, Muslims, and they can do whatever they want, limit
or extend production of oil.
Worst is of course the immense unlimited power they enjoy in being
permitted to continue "business" as usual... in the "field" of crimes against
humanity... No one ever dares speaks out against the racist Arab mass-murder of
the Africans in Darfur, slavery in Mauritania, or how they continuously demonize
Jews, or cries out against the mainstream Muslim media that always finds the
"victimhood" among 'Palestinian' thugs or Al Qaeda in Iraq or Hezbollah's crimes
on Lebanese, all to facilitate in justifying the killing of infidels mainly
Christians, Jews, Buddhists, Hindus, etc., Don't think all of the above is not
related, it's still about their unlimited "freedom" to oppress everyone else...
no one ever dare says, acts against the Islamo Arab GOLIATH.
Now, you tell me who really is in control of 'world affairs'?
Anti Freedom anti Catholics anti Semitic Hugo Chavez paid for & backed by ARAB LOBBY
Chavez forging his own links / Venezuelan president makes arms ..."The Arabs have appreciated Chavez's declarations of
support, and the Arab League has promised to lobby in behalf of Venezuela in the United Nations."
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/07/23/MNG18K43KL1.DTL
President Chavez and Archbishop Porras spar punches in return bout
http://www.vheadline.com/readnews.asp?id=74748
Critical foreigners will be expelled: Chavez
http://www.ndtv.com/convergence/ndtv/story.aspx?id=NEWEN20070019909
Defector: Chavez gave money to Al Qaeda
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=30350
Chavez on Al Jazeera
http://thebosun.wordpress.com/2006
/08/07/venezuelan-president-chavez-on-al-ja...
Al Arabyia Supports Chavez
http://www.sandmonkey.org/2006/12/08/al-arabiya-su
pports-chavez/
The Chavez Regime: Fostering Anti-Semitism and Supporting Radical ..."In that Zionist, criminal and terrorist state, the Arabs who
are supposed ... Report: Anti-Semitism on Rise in Venezuela; Chavez Government "Fosters Hate" ...
http://www.adl.org/main_International_Affairs/venezuela_anti_semitism_report....
Chavez pledges unity with Syria - Americas - MSNBC.comChavez develops ties with Arabs Chavez said he and Syria shared a
"decisive and firm" stance against "imperialism" and American attempts for "domination." ...
http://www.msnbc.msn.com/id/14583678/from/RS.3/
Antisemitism And Racism, Responses to the intifada in the media, in wall graffiti and by Arab organizations in Venezuela such as
FEARAB (Arab Federation for Latin America) were were directed at de-legitimizing the State of Israel, which was accused of causing
the Palestinian tragedy.
The radical language used against Israel was not infrequently antisemitic, for example, the comparison of Israeli soldiers with
Nazis...
http://antisemitism.tau.ac.il/asw2000-1/venezuela.htm
He's also recalled Venezuela's ambassador to Israel, scoring big points among Arabs. Using Israel and the United States as
punching bags, Chavez has become ...
http://transcripts.cnn.com/TRANSCRIPTS/0608/30/sitroom.03.html
"Palestinian Artists Find Venezuelan Ally - Forward.com"The relationship between Venezuela and Israel has been strained ever
since Venezuelan President Hugo Chavez began adopting an increasingly pro-Arab.
http://www.forward.com/articles/10895/
Chavez plans for terrorist regime: Venezuelan security officials ...Intelligence sources familiar with the cover-up say Chavez is
withholding information on the Arabs, some of whom were important financial contributors to terrorism
http://findarticles.com/p/articles/mi_m1571/is_2_19/a
i_96238181/pg_2
BBC NEWS | Middle East | On tour with Chavez and AhmadinejadPresidents Ahmadinejad of Iran and Chavez of Venezuela revel
in each others' ... than is usual with Western or Arab leaders in this security-conscious age.
http://news.bbc.co.uk/2/hi/middle_east/6265190.stm
From Venezuela, a counterplot: as agents from rogue Arab states ...Exhorting his countrymen to return to their "Arab roots,"
Chavez has paid state visits to Libya, Iraq and Iran and signed a series of mutual-cooperation ...
http://findarticles.com/p/articles/mi_m1571/is_6_19/ai_984
15813
In 2001, Chavez paid state visits to and signed �cooperation agreements� with ... has illegally given more than 270 Venezuelan passports to Arab extremists. ...
http://www.defenddemocracy.org/in_the_media/in_the_media_show.htm?doc_id=265102
Venezuela: Anatomy of a Dictator
http://www.securityaffairs.org/issues/2006/11/fleischman.php
BBC NEWS | Americas | Bishop attacks 'Chavez control'Bishop attacks 'Chavez control'. President Hugo Chavez The president of Venezuela's Catholic Bishops Conference, Baltazar Porras, has accused the ...
http://news.bbc.co.uk/2/low/americas/3341771.stm
Catholic World News : Chavez renews conflict with Venezuelan bishops4, 2007 (CWNews.com) - Venezuela's President Hugo Chavez has renewed his attacks on the country's Catholic hierarchy, saying that the Venezuelan bishops' ...
http://www.cwnews.com/news/viewstory.cfm?recnum=52171
a>
Chavez Threatens to Nationalize Private Hospitals in Venezuela
http://www.medindia.net/news/Chavez-Threatens-to-Nationalize-Private-Hospital...
(Totalitarian) Hugo Chavez versus (free voice) RCTV
http://www.freerctv.com/blog-entry.php?entry=17
Strategy Op. Ed.: -Hugo Chavez -- "dictator-in-training"With the pieces in place, Chavez will get the legislature to "vote" for dictatorship. Chavez's dictatorship will squash those foolish enough to express ...
http://www.davidbruceallen.com/strategyoped/2007/05/hugo_chavezs_fi.html
Venezuela's Chavez Squeezes Oil Companies With Taxes
http://quote.bloomberg.com/apps/news?pid=nifea&&sid=a3z63_HrIvtc
Chavez Threatens Venezuela Central Bank Takeover
http://www.franz-lee.org/files/pandemonium00915.html
the full Arab League has voiced its support for UN Security Council Seat.
http://www.newsmax.com/archives/articles/2006/9/20/123752.shtml
Descendants of Arabs thriving in S. America -DAWN - International ...Venezuela has a flourishing Arab community of about 1.5 million... business and commerce. Shop names like Flower of Palestine are a common ...
http://www.dawn.com/2005/05/14/int14.htm
Japan Today - News - Chavez moves to nationalize power, telecoms firmsgo look at CNN, the americans are grooming Chavez to be Castro's replacement. .... They were all for taking out one of Chavez's Arab buddies. ...
http://www.japantoday.com/jp/news/395474/all
History's Against Him, CARACAS, Venezuela Early on in Hugo Ch�vez's political career, the Venezuelan ... Ch�vez has developed what some observers call a postmodern dictatorship, ...
http://www.washingtonpost.com/wp-dyn/content/article/2006/08/04/AR20060804017...
The constitutional changes draft has been leaked: the path to an eternal Chavez dictatorship
http://daniel-venezuela.blogspot.com/2007/06/constitutional-changes-draft-has...
ARAB MUSLIM CONTROL on western MEDIA
Prince Alwaleed ibn Talal, chief executive of S. Arabia�s Kingdom
Holding Company Control on US (& other) media
From the 'Saudi Online' page:
RIYADH, 12 March � Prince Alwaleed ibn Talal announced yesterday that he
has spent $1 billion on stocks over the last six months, including another $500
million on Citigroup.
�Already the world�s largest shareholder in Citigroup,
the prince�s shareholding in the world�s most profitable bank is now around $10
billion,� said a press release from his Kingdom Holding group.
�At about $43,
Citi�s share price was at too attractive a price,� the prince said in the
statement.
And he added $450 million to existing shares in AOL Time Warner.
�The price was very cheap at around $23,� the prince said.
�I believe in the
power of the AOL brand and I am already a shareholder in this global media
giant. Therefore, when the price reached lucrative levels, we decided to
increase our stake. The weakness in AOL�s stock price is temporary as it
reflects the temporary weakness in several areas in which it is involved,�
Alwaleed said.
He also increased his stake in priceline.com to $100 million,
or 5.4 percent of the
company.
[saudia-online.com/NewsMar02/news06.shtml]
AOL BIAS - This is a growing guide to AOL political and religious bias seen
by AOL subscribers as
demanded by its Arab owners.
Alwaleed,Arab,owned,Arab money
AOL shows political and religious bias in
its news coverage. The bias is also seen in the use of AOL message board
censorship policies. Poster's messages are deleted by AOL monitors
violating AOL's own Terms of Service, TOS.
Time Warner has taken no action
to stop the bias but has looked into it. They did nothing. AOL is
owned by Arab money.
Alwaleed spent $1 billion on stocks recently
RIYADH,
12 March � Prince Alwaleed ibn Talal announced yesterday that he added $450
million to existing shares in AOL Time Warner.
�The price was very cheap at
around $23,� the prince said.
http://www.dicksguides.com/ZDGKN/POLS/AOLissues/AOLownedbyArabs.htm
Georgetown�s Capitulation to Radical Islam
By Joe Kaufman
and Jeffrey Epstein
FrontPageMagazine.com | Friday, January 06, 2006
Georgetown University was built with a Catholic and Jesuit identity.
This bit of information is proudly displayed on the school�s website. But
like Bethlehem in Israel, that identity is quickly being lost to a radical
strain of Islam, as a counter-terror symposium has been abandoned and a
pro-terror conference has been confirmed. Indeed, one of America�s most
prestigious universities appears to be under siege.
Fearing violent reprisal from militant Muslim members of their student
body, the school�s conference center rejected an educational symposium being
hosted by America�s Truth Forum (formerly the People�s Truth Forum), a
non-partisan, fact-based organization whose sole mission is to educate the
American people on topics of national security. In this case, the subject
matter to be discussed involved the �Underlying Roots of Terrorism: The Radical
Islamist Threat to World Peace and National Security.�...
While the counter-terror symposium was shunned, an organization
associated with violence has been awarded a forum. From February 17 - 19,
the Palestine Solidarity Movement (PSM), an activist group that has expressed
its willingness to work with Hamas and Palestinian Islamic Jihad, will be
holding its �Fifth Annual Divestment Conference� on Georgetown University�s
campus. At past events, shouts of �Kill the Jews� and �Death to Israel�
could be heard amongst the crowd. And according to a news report, during
PSM�s last conference, when a resolution to condemn terrorism was voted down,
�the delegates erupted in cheers.�
When PSM announced its event, it�s interesting to see who they sent a
press release to. A site that devotes a page to the release, Palestine
Monitor, is said by one source to be a �PRO-TERRORIST SITE.� This is easy
to understand, as the website contains numerous pages glorifying the Intifada
(uprising) against Israel. Another location that prominently displays the
press release is Ramallah Online, a hate site that equates the Jewish Star (Star
of David) with the Nazi Swastika.
Not wanting to anger its on-campus insurgency, the university has
remained hush about the event. The consideration of a small matter of
money may also be on Georgetown�s mind. The PSM conference is coming on
the heels of a $20 million donation to the school, given by a fairly effluent
Saudi sheikh, Prince Alwaleed bin Talal. This is the same sheikh who had
previously donated $27 million to a telethon that raised money for the families
of suicide bombers.
http://www.frontpagemag.com/Articles/Read.aspx?GUID=3398EF71-9067-4C86-88D2-9A8AD51427A5
Saudi Prince Al Waleed bin Talal hoster of telethons for suicide bomber
families buys large share of Fox News
Saudi prince advocates strategy of
business not boycotts to 'influence American public opinion"
September 25,
2005
http://www.militantislammonitor.org/article/id/1109
New Islamic satellite channel launched
March 8, 2006
Filed under:
Newspapers � Hans Henrik Lichtenberg @ 2:24 pm
Prince Alwaleed ibn Talal,
the chief executive of Saudi Arabia�s Kingdom Holding Company, has officially
launched an Islamic satellite channel seeking to project Islam as a religion of
moderation, the Arab News online daily reports. Al-Resalah (The Message) has
been broadcasting informally since last Wednesday. At a press conference on
Monday, Prince Alwaleed said the 24-hour channel would target an Arab audience,
especially young people, by projecting �our Arab heritage through a modern
medium.�. Al-Resalah will be the forerunner of a future English-language Islamic
channel for Western audiences.
The prince said the new Islamic network would provide a platform for a
dialogue on religious, social and economic issues affecting everyday life, but
its priority would be to counteract the misconceptions of Islam in other
societies. Tarek Alsuwaidan, the channel?s general manager, said that 40 per
cent of the programmes would be youth oriented, 30 per cent would target women
and families, and 10 per cent would focus on children, Arab News reports.
(AKI,March 08, 2006)
http://blog.newspaperindex.com/category/newspapers/page/7/
Saudi Prince Alwaleed ibn Talal owns 5.46 percent of Rupert Murdoch's media
conglomerate News Corp.
http://www.westernresistance.com/blog/archives/002958.html
The Failure of Western Universities [incls. Middle East studies, MESA, Saudi
funding at Georgetown and Harvard, Prince Alwaleed bin Talal, John Esposito,
Martin Kramer, Daniel Pipes]
Kari Vogt, historian of religion at the University of Oslo, has stated
that Ibn Warraq's book "Why I am Not a Muslim" is just as irrelevant to the
study of Islam as The Protocols of the Learned Elders of Zion are to the study
of Judaism. She is widely considered as one of the leading expert on Islam in
Norway, and is frequently quoted in national media on matters related to Islam
and Muslim immigration. People who get most of their information from the
mainstream media, which goes for the majority of the population, will thus be
systematically fed biased information and half-truths about Islam from our
universities, which have largely failed to uphold the ideal of free inquiry.
Unfortunately, this situation is pretty similar at universities and colleges
throughout the West.
London's School of Oriental and African Studies (SOAS), scene to a
growing number of anti-Semitic incidents from an increasingly pro-Islamic
campus, issued a threat to one of its Jewish students to cease his protests
against anti-Semitism at the University. Gavin Gross, an American, had been
leading a campaign against the deterioration of conditions for Jewish students
at SOAS, which is part of the University of London. SOAS had witnessed an
escalation of anti-Jewish activity, in both severity and frequency. At the
beginning of the year, the Islamic Society screened a video which compared
Judaism with Satanism.
Meanwhile, in a move to "promote understanding between
Islam and the West," Saudi Arabia donated about SR13 million to a leading
British museum. The officials said the money from Prince Sultan would pay for a
new Saudi and Islamic gallery, which would help to portray Islamic culture and
civilization in right perspectives. It would also help fund scholarships for
Saudi students at Oxford University.
The Saudis and other oil-rich Arabs are busy buying influence over what
Westerners hear about Islam. Prince Al-Waleed bin Talal bin Abdul Aziz Al-Saud,
a member of the Saudi Royal Family, is an international investor currently
ranked among the ten richest persons in the world. He is known in the USA for a
$10 million check he offered to New York City Mayor Rudolph W. Giuliani in
October 2001 for the Twin Towers Fund. Mayor Giuliani returned the gift when he
learned that the prince had called for the United States to "re-examine its
policies in the Middle East and adopt a more balanced stance toward the
Palestinian cause."
Prince Talal is also creating a TV channel, Al-Resalah, to target
American Muslims. He already broadcasts in Saudi Arabia. In 2005, Bin Talal
bought 5.46% of voting shares in News Corp, the parent of Fox News. In December
2005 he boasted to Middle East Online about his ability to change what viewers
see on Fox News. Covering the riots in France that fall, Fox ran a banner
saying: "Muslim riots." Bin Talal was not happy. "I picked up the phone and
called Murdoch [...] [and told him] these are not Muslim riots, these are riots
out of poverty," he said. "Within 30 minutes, the title was changed from Muslim
riots to civil riots."
http://www.campus-watch.org/article/id/4257
Arabs' man, 'corrupted Arab-oil man' . 'Pro - Dictatorship, 'ARABIST - BIGOT' C. Freeman in Obama's admin attempted appointment for the CIA [February - March, 2009]
Alarming appointment at the CIA by Steve Rosen Thu, 19 Feb 2009 at 3:55 PM
Readers of this blog know that I have been generally quite positive about the appointments the new Adminsitration is making for Middle East policy positions. Today�s news is quite different. According to Laura Rozen at the Foreign Policy blog, Chas W. Freeman, Jr., the former U.S. ambassador to Saudi Arabia, will become chairman of the National Intelligence Council, and may at times participate in daily intelligence briefings to President Obama. This is a profoundly disturbing appointment, if the report is correct. Freeman is a strident critic of Israel, and a textbook case of the old-line Arabism that afflicted American diplomacy at the time the state of Israel was born. His views of the region are what you would expect in the Saudi foreign ministry, with which he maintains an extremely close relationship, not the top CIA position for analytic products going to the President of the United States.
Here is a sample of his views on Israel, from his Remarks to the National Council on US-Arab Relations on September 12, 2005: �As long as the United States continues unconditionally to provide the subsidies and political protection that make the Israeli occupation and the high-handed and self-defeating policies it engenders possible, there is little, if any, reason to hope that anything resembling the former peace process can be resurrected. Israeli occupation and settlement of Arab lands is inherently violent. �And as long as such Israeli violence against Palestinians continues, it is utterly unrealistic to expect that Palestinians will stand down from violent resistance and retaliation against Israelis. Mr. Sharon is far from a stupid man; he understands this. So, when he sets the complete absence of Palestinian violence as a precondition for implementing the road map or any other negotiating process, he is deliberately setting a precondition he knows can never be met.� Here is another example from 2008: �We have reflexively supported the efforts of a series of right-wing Israeli governments to undo the Oslo accords and to pacify the Palestinians rather than make peace with them. � The so-called �two-state solution� - is widely seen in the region as too late and too little. Too late, because so much land has been colonized by Israel that there is not enough left for a viable Palestinian state alongside Israel; too little, because what is on offer looks to Palestinians more like an Indian reservation than a country.�
According to Foreign policy blog, Freeman has told associates that in the job, he will occasionally accompany Director of National Intelligence Adm. Dennis Blair to give the president his daily intelligence briefing. His predecessor, Thomas Fingar, wore a second hat as deputy director of national intelligence for analysis. http://www.meforum.org/blog/obama-mideast-monitor/2009/02/alarming-appointment-at-the-cia.html
I repeat: if there are serious financial conflicts of interest, Freeman should withdraw. I also find some of Freeman�s realist statements, even as contrarian, a little too brutal for my taste. But I also believe that someone whose views push the envelope against recent US policy in the Middle East is an important asset for the United States right now. And I find the hysterical bullying of this man to be repulsive. http://cgis.jpost.com/Blogs/rosner/entry/freeman_is_about_views_not
Freeman under fire for ties to [Brutal regime of the] Chinese, Saudis http://www.wnd.com/index.php?fa=PAGE.view&pageId=91357
GAFFNEY: Garbage in, garbage out Washington Times - Mar 2, 2009 For example, Mr. Freeman has viewed the Middle East through the prism of one of Foggy Bottom�s most successful Arabists. He justifies Arab enmity towards us � http://washingtontimes.com/news/2009/mar/03/garbage-in-garbage-out/
Freeman: Jewish Dems and Republicans weigh in Jewish Telegraphic Agency - Feb 26, 2009 � NJDC executive director Ira Forman said Freeman, a former ambassador to Saudi Arabia who has been critical of Israel, appears to be a �strong Arabist� � http://blogs.jta.org/politics/article/2009/02/26/1003311/freeman-jewish-dems-and-republicans-weigh-in
Doc�s Talk: CHAS FREEMAN: �HELP THE SHIITES (IRAN) WIN FAST �CNOOC is a State owned enterprise , controlled by the Chinese government. � Chas Freeman proved all too willing to serve another brutal dictatorship. � http://docstalk.blogspot.com/2009/02/chas-freeman-help-shiites-iran-win-fast.html
Obama Administration�s Pick for Top Intelligence http://www.cbn.com/CBNnews/556484.aspx
Tibet and Chas Freeman Washington Times - Mar 9, 2009 We have always deplored China�s ongoing, brutal occupation of Tibet. The Tibetan people have suffered three-score years of Chinese communist rule, � http://washingtontimes.com/news/2009/mar/10/tibet-and-chas-freeman/ Top US intelligence pick under fire for Saudi, China ties - Mar 5, 2009 They noted that Freeman served on the board of the Chinese National Offshore Oil Company (CNOOC), which has done business with Iran. �Ambassador Freeman�s � http://www.google.com/hostednews/afp/article/ALeqM5h9DAC14gGSXodN8JURBDDhM7e9oQ
ANOTHER MAN DOWN� Furthermore, researcher Ashley Rindsberg recently revealed Freeman�s pre- and post-9/11 �business connections� with the bin Laden family, which have donated �tens of thousands of dollars a year� to the MEPC. Rindsberg also discovered donations to Obama�s presidential campaign by Freeman�s Projects International, �a company that develops international business deals.� http://www.frontpagemag.com/Articles/Read.aspx?GUID=BE07A5C1-7D97-486A-89DD-52ACDC145319

US intelligence candidate pulls out after objections Reuters http://www.reuters.com/article/politicsNews/idUSTRE5296QZ20090311
�
Side note, as we see the �supporting posts� by infamous �Anti Jewishl nazi� mondoweiss (no, he is not �just� anti Zionism�), it is already alarming enough, �nuff said.
Arab oil, OPEC, destructive power on global economy
Arab oil and economy
Arab oil and the global economical crisis
From the book 'Middle East Annual Review'� (1975) - Page 141 by Economist
Intelligence Unit (Great Britain), Michael Field - Business & Economics:
"The OPEC oil-price revolution of 1973-4 was mainly to blame for the present
plight of developing countries and for the world recession". [1].
In Jun. 25, 1979 there were efforts of 'Teaming Up Against OPEC' by Jimmy
Carter and the leaders of Western Europe, Canada and Japan, to prevent financial
severity around the world [2].
Business week magazine March 25, 2002 Oil prices appear to be headed
higher in coming months, which could strike a blow to the struggling global
economy. Blame OPEC, which is expected to leave its output unchanged [3].
In May 2007, The U.S. House of Representatives acted on what's been known for
years: OPEC's price-fixing conspiracy, it voted to allow the government
to sue the Organization of the Petroleum Exporting Countries for price
manipulation (OPEC), With average U.S. pump prices at an all-time,
inflation-adjusted high of $3.22 a gallon, the House voted 345-72 to approve the
"No Oil Producing and Exporting Cartels Act of 2007," or "NOPEC.", The bill
would revoke the sovereign immunity OPEC members currently enjoy from U.S. legal
action and allow the Justice Department to sue them in U.S. courts. [4].
Jim Jubak in Sep. 18, 2007 blamed OPEC for higher oil prices and said:
heading off an economic slowdown has been a fundamental part of OPEC
policy[5].
Manraaj Singh Editor Profit Hunter: 'Arab Oil Wealth To Dwarf US Economy!'
[Apr 29, 2008] [6].
Walid Phares (Oct, 2008): 'OPEC manufactured the financial meltdown' [7] and asks: 'OPEC War against America�s Economic
Independence?' [8].
Notorios businessman Donald Trump Blasted Oil Prices and OPEC July 30th, 2008
�Oil (costs) is what is killing the world�s economy,� Observers say if the U. S.
would rattle its own domestic oil supply saber it would shock the market and
costs would plummet. Oil experts say the U. S. could be free of Middle East
imports in less than 3 years. [9], he blasted major oil producing
countries for the current recession and accuses large oil companies of "doing a
major number" on everyone. [10], it�s the price of oil that is
to blame, OPEC and the Saudi Arabians [11], on Feb. 4, 2009: "As far as
the economy is concerned, I'm afraid that if and when the economy does
get going, you'll have OPEC raise its ugly head and come out and just raise oil
prices again and kill it, because I think that OPEC had a lot to do with the
failing of the world economy." [12].
CIBC economist: 'Oil price runup to blame for global economic turmoil'
(November 03, 2008) [13].
US president Barack Obama in his speech on February 24, 2009 said: The
fact is, our economy did not fall into decline overnight. Nor did all of our
problems begin when the housing market collapsed or the stock market sank. We
have known for decades that our survival depends on finding new sources of
energy. Yet we import more oil today than ever before. [14].
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