The red thread that connects Riyadh to Moscow is called the price of oil

20/12/14

A blood-red thread connects Saudi Arabia to Russia by Vladimir Putin, this is the price of oil, some might think of a black thread, in reality it is ruby, ruby ​​like the blood of millions of people who die by arms, but also at the hands of an economic crisis wielded like a heavy pick on the head of unsuspecting citizens.

Clarifying this broad premise is an obligation, but this obligation will involve those who read the risk of looking at how deep the chasm towards which one is approaching.

For about two months the price of oil has been in free fall, so much so that it has halved, the reasons for this collapse are soon said, the Saudis, those strange allies of the West, have decided to knock down the price.

As is well known, the world needs about 90.000.000 barrels of oil per day to function, 80.000.000 of this need is met by extracting countries such as Russia, Venezuela, Iran, Syria, Iraq, Nigeria and others, while the remaining 10.000.000. XNUMX are the Saudis, exactly them, the ones who make the price.

One wonders why those who participate for less than 1/10 of the total then decide for everyone, simple, because the world needs those famous 90 million barrels to function, not one more, nor one more. less, so our price falls and then we should all rejoice. 

Why talk about war, why talk about crisis, simply because the Saudis who might not want to sell more than those 10 million barrels and the others who would like to cannot, therefore if the total amount of "black gold" in circulation is needed to keep up a world in crisis, companies, even if they wanted to, could not increase production, as they would run out of fuel.

Cui prodest? Most likely to the US State Department, which piloting the Saudi energy arm puts the so-called rogue states in crisis, which coincidentally are for the most part the producers of the first 80 million barrels.

Here it is, dear readers, the USA has certainly cornered Moscow through this strategic move, remember the red thread? But at the same time, European SMEs (small and medium-sized enterprises nda) have sat down on the ground with its Brent, who cannot buy more fuel despite being more advantageous prices and paradoxically have given a violent blow to the same American banks engaged in recent years to finance projects of Shale Gas, a fuel extracted from clay that with oil at $ 100 a barrel was the panacea to all the ills of the economy, but which today it costs more than the best crude oil depreciated at the threshold of $ 40.

All clear? It is as if during the Cuban missile crisis Kennedy had decided to detonate the atomic bomb in Miami, to spite Fidel Castro.

This economic war is taking a strange turn, it risks collapsing the Western system following the principle of the billiard ball, the USA has decided to clash with the Saudis, they are clashing with other oil producers who have entered into crisis and will clash with in turn with uncomfortable neighbors, think of relations between Russia and Ukraine, relations between Turkey, Syria and Iraq, in short, the more players in the field, the greater the collisions and a strongly interconnected world can do nothing but generate one hit after another until everyone is involved.

In this game there is no right or wrong, good or bad, there is a need to survive by stretching and loosening the red thread that binds Riyadh to Moscow if necessary, without forgetting that the suffering of the Ruble will diminish over time as the agreements between Russia and China have brought together a giant with a full belly of gas with the world's largest power in terms of workforce.

 Andrea Pastore

(photo: Russian presidency)