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Arabia Quote by Michael Hudson

“High prices can be the result of speculation, and maybe…” quote by Michael Hudson — Download Open image

“High prices can be the result of speculation, and maybe plunging prices can be attributed to the end of speculation, but low prices over time aren't caused by speculation. That's oversupply, mainly by Saudi Arabia flooding the market with low-priced oil to discourage rival oil producers, whether it's Russian oil or American fracking.”

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Arabia Discouraging Ends Flooding Fracking High prices Lows Oil Producers Results Rivals Saudi arabia Saudis Speculation

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There is nothing in the desert and no man needs nothing.

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They chose me for Lawrence of Arabia because I spoke English, had black hair, black eyes and a moustache. It was all luck.

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