As American motorists complain of rising gasoline prices, the Trump Administration and the oil and banking interests behind it are smiling on their way to the proverbial bank. If we look at seeming disparate events in Iran, in Venezuela and now in Libya it becomes clear there is a coherent strategy to promote disruption in key oil flows to the immediate advantage of US oil domination .
A decade ago the idea that the United States could displace Saudi Arabia or the Russian Federation as the world’s largest oil producer was considered unthinkable. Today it is clearly a foreign policy priority of the Trump Administration and the major Wall Street banks financing US shale oil production. The strategy is geopolitical and ultimately aims to weaken Russia, Iran and the other independent world oil producing powers like Venezuela.
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