Intel's Ronler Acres Plant

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Thursday, February 11, 2016

Religion and Oil

Iran's Oil Exports 2012
I've been meaning to tell you about my theory that when the US eased off on their sanctions against Iran, Saudi Arabia increased their oil production in order to drive the price of oil down. They did this solely because they want to put a crimp in Iran's oil income, kind of like Reagan pushing down the price of oil to hurt the Soviet Union.
   Bayou Renaissance Man has put up a post on this very subject so I can just point you over there.

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