America holds enough oil to supply its needs for 4 months. The President can decree to release them to oil companies at $50.00 per barrell and ask oil companies not to charge more than $1.50 for gas at the pumps. Tell oil companies to stop buying oil from Arabs for more than $50.00 per barrell.
Convene a meeting of all oil consuming countries and make a united front not to buy oil for over $50.00 per barrell.
Tell Arab countries they are choking world economy and this cannot be continued. If they insist on selling oil for over $50.00 threaten to boycott them to trade with other consuming countries.
If America does not buy any oil for 4 months and uses the above tactics, oil prices will come down to $50.00 or less per barrall and this will save America and the rest of the world.
Dr. Chellappan M.D.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment