Attempts to crack down on OPEC sign of US-Saudi relationship falling apart – RT’s Keiser Report | WHAT REALLY HAPPENED


Attempts to crack down on OPEC sign of US-Saudi relationship falling apart – RT’s Keiser Report

The US House Judiciary Committee passed a bill on Thursday that would allow the Justice Department to sue members of OPEC for manipulating the oil market.

According to Max Keiser, “this little alliance [between OPEC and the US – Ed.] has been going strong since the 1970s,” as the quid pro quo was that the US would buy Saudi oil and the Saudis would buy US debt.

“Of course, the energy industry is capital intensive, and all of the banks and energy companies in America generate a lot of debt and they needed some place to park it. And they parked it in the Saudi empire and returned for the oil.”

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