We can only cringe at the US-Saudi imperialist war machine’s audacity to make us believe that we are all hapless victims on the same side. The price of oil is controlled by the global oil cartel.
Tags: oil cartel
Centralized Procurement of Imported Oil: A Doable Alternative to Reduce Prices
One of Ibon’s proposals is a system of centralized procurement of imported crude oil and refined oil products, a necessary step to ensure the steady supply of reasonably priced petroleum in the country. By Arnold Padilla Ibon Features Posted by Bulatlat It has now become obvious that the Arroyo administration does not have a credible…