Obama, ISIS, Israel and Oil

     The current Administrations foreign policy has puzzled many experts, because what Obama says and does seem to be two completely different things.  He is repeatedly heard vowing the United States support for Israel, but every action he takes weakens the Jewish nation.  If you look at just one area of Democratic policy, oil, you can see the contradiction and possibly intentional betrayal of our ally Israel

     It is widely known that Muslim nations are desperately dependent on the price of oil, and ISIS uses oil as its main source of revenue to promote terror.  The Saudis are fierce adversaries of ISIS, but fund their own form of terrorism, and have tried to drive down the price of oil to destabilize the Shiites (ISIS and Iran).  US production is now at 9.3 million barrels a day, and when you include inventories on hand and OPEC's stance on production, you had the drastic drop in oil to the low $40's/barrel.  So what was Obama's response to this desperately needed relief to the American poor and middle class?  He vetoed the Keystone oil pipeline, which his own environmental organization said would be less harmful to the environment than his major donor Warren Buffett's trains.  Not only that, but according to CNN Obama has blocked a major source of oil in Alaska, in effect declaring war on Alaska, as oil is their lifeblood. 

     The effects of these decisions have caused oil to pop above $50/barrel.  This helps oil inch nearer Market Watches fiscal break even for Iran of a whopping $131/barrel, who we now know Obama has been in secret talks with to build nuclear power since 2014.  There is a reason Obama has always stated that he wants oil prices high, and it's not because of the environment!  According to a Kuwaiti newspaper, Obama even went as far as telling the Israelis if they attacked Iran the US would shoot down their planes with drones.  

     There is one problem Obama and the Democrats are going to have a hard time avoiding.  The United States has over 414 million barrels of oil in storage and the investors are running out of places to store it.  They're resorting to storing it in salt mines and train cars.  According to one CNBC analyst they will run out of places to store it sometime next week.  This will require producers to sell it right out of the well and drive prices drastically lower.  So be on alert for some sort of international crisis or government intervention to attempt to prop up oil prices.  We can win the war against ISIS and Russia in the short term by driving prices as low as possible.  This will help Israel have time to prepare for the inevitable. 

By Jeffrey Brandon Lee