caseyresearch.com / By Justin Spittler / May 19, 2017
The Saudis are begging Trump to stop pumping so much oil.
Saudi Arabia made the plea earlier this month in its monthly oil report.
The report said “the collective efforts of all oil producers” would be needed to restore order to the global oil market. It added that this should be “not only for the benefit of the individual countries, but also for the general prosperity of the world economy.”
It’s a bizarre request, to say the least. You’re probably even wondering why they would do such a thing.
As I’ll show you in today’s essay, it’s a clear act of desperation. One that tells me the country is doomed beyond repair.
I’ll get to that in a minute. But first, let me tell you a few things about Saudi Arabia.