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Wednesday, June 17, 2015
New Saudi King to USA: 'Drop Dead'
Dear Reagan Reports Reader:
Please find below a message from our advertising sponsor, The Oxford Club. Our email report is a free service to you with the help of our sponsors. The products, views, and offerings made by advertisers are not necessarily endorsed by Reagan Reports for America.
Do you know this man?
His name is King Salman. He's the new ruler of Saudi Arabia.
And he could soon make the lives of millions of Americans quite unpleasant.
You see, over the past two years, the U.S. has slashed our oil imports from his country. In December 2013, we were importing some 1.5 million barrels a day. A year later, we cut that number nearly in half.
What's worse… The increase in American oil production has led to a 62% collapse in global oil price.
It has obliterated the Saudis' profit margins.
And they aren't happy about it.
According to The Oxford Club's Resource Strategist Sean Brodrick, Saudi Arabia plans to strike back.
And the weapon King Salman uses in the coming weeks could trigger a global economic shakeup on par with the 2008-2009 financial crisis.