Manipulation of Oil Price, Oil Profits, Military Complex, You Pay at the Gas Pump

Oil prices, already at more than three-year highs, may be about to jump further. And, crude-related assets are starting to look attractive for oil companies and markets. Not for the consumer and prices that follow into everyday products and travel.

Brent oil could spike to $80 a barrel if the U.S. and European Union reimpose sanctions on Iran and as Western powers expand the scope of the Syrian civil war, While this might ordinarily be seen as a time to avoid cyclical assets, the recent "tax gift" to U.S. corporations and consumers makes it an opportunity for big oil companies to have you pay more at the gas pump.

“Risks we thought might materialize this summer through Iran sanctions are emerging somewhat more quickly due to events in Syria. New Syrian hostilities are likely to have a muted effect on oil, however, since the nation’s production has already fallen so deeply due to the 7-year long war. A possible decision in May on Iran sanctions may be “the start of a process that maintains low-intensity stress on oil markets that can deliver higher prices and above-average volatility.  comparing it to the Arab Spring of 2011 rather than the major oil shocks of 1973, 1979 and 1990. Since the U.S. doesn’t buy Iranian crude, it would take sanctions from the EU and even some Asian customers to depress markets materially. This is to uplift fracking in the United States. Saudi Arabia wants prices to go above $80 a barrel. This is only to uplift an oil economy that has been in the slumps for a very long time.

A larger escalation of the Syrian War, not taking the sanctions off of Iran, creating more problems in the Middle East is just a formula for Big Oil, the Military Complex, fragmenting the globe more at the expense of the Middle East population is a profiteering opportunity for the multinational corporations. Religion has nothing to do with it, it is all about the petrodollar. Trump also has a lot to gain to in this process now and after the presidency. Hopefully, all this can be worked out in the United Nations and all can come together for a solution. Happy gas pumping!