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<blockquote data-quote="bbsam" data-source="post: 2017497" data-attributes="member: 22662"><p>Obama's foreign policy in the Middle East may have a lot to do with it.</p><p>It's being reshaped and it's ugly but exactly why did we insist on calling Saudi Arabia friends for so long? Israel and Saudi Arabia may just end up like Egypt and Israel--not best pals, but not seeking each other's destruction. That's playing a huge role in oil prices.</p><p></p><p>I heard a funny bit the other day. The American stock market has correctly predicted exacaly 9 of the last 5 recessions.</p></blockquote><p></p>
[QUOTE="bbsam, post: 2017497, member: 22662"] Obama's foreign policy in the Middle East may have a lot to do with it. It's being reshaped and it's ugly but exactly why did we insist on calling Saudi Arabia friends for so long? Israel and Saudi Arabia may just end up like Egypt and Israel--not best pals, but not seeking each other's destruction. That's playing a huge role in oil prices. I heard a funny bit the other day. The American stock market has correctly predicted exacaly 9 of the last 5 recessions. [/QUOTE]
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