In 1973 OPEC decided to Embargo Oil in response to the United States' support of Israel during the 1973 Yom Kippur War. This embargo caused economic hardship in the West, a Stock Market Crash. In addition, it led to the rise of Saudi Arabia as a power player on the world stage.
https://en.m.wikipedia.org/wiki/1973_oil_crisis
After the Embargo, Opec raised prices and profited handsomely.
I think it is high time to return the favor. I propose that we enforce an oil embargo on all OPEC countries and prohibit the export of their oil. The Embargo would be indefinite and enforced by the combined power of U.S. and Nato fleets.
Since the economic export of oil requires pipelines and tanker ships, enforcing any embargo would be quite easy. A total embargo of all military equipment would be nice as well, along with the seizure of these countries' assests.
Any price increases can be mitigated by removing all state and federal taxes from Oil products and increasing U.S. Production.
Without the money from the sale of oil, these countries are "Big Nothings", contributing zero to the world's economy. During an Embargo these little dictatorships will be so preoccuppied just trying to stay alive, they will have no money to give to ISIL, Hezbola or U.S. Presidential Libraries.
The World will be a better place.
https://en.m.wikipedia.org/wiki/1973_oil_crisis
After the Embargo, Opec raised prices and profited handsomely.
I think it is high time to return the favor. I propose that we enforce an oil embargo on all OPEC countries and prohibit the export of their oil. The Embargo would be indefinite and enforced by the combined power of U.S. and Nato fleets.
Since the economic export of oil requires pipelines and tanker ships, enforcing any embargo would be quite easy. A total embargo of all military equipment would be nice as well, along with the seizure of these countries' assests.
Any price increases can be mitigated by removing all state and federal taxes from Oil products and increasing U.S. Production.
Without the money from the sale of oil, these countries are "Big Nothings", contributing zero to the world's economy. During an Embargo these little dictatorships will be so preoccuppied just trying to stay alive, they will have no money to give to ISIL, Hezbola or U.S. Presidential Libraries.
The World will be a better place.