NOPEC may be no problem after Saudi treachery
Photo illustration by Getty Images.
It’s been 21 years since our “friends” in Saudi Arabia flew jetliners into the World Trade Center and Pentagon on 9-11. Even though 15 of the 19 hijackers were Saudi citizens and the Saudi royal family has been linked to funding the attack — the Bush administration allowed dozens of top-level Saudis to fly home without questioning, much to the shock of Americans mourning the loss of 3,000 of our fellow citizens.
Now, however, after the latest stab in the back from the Saudis, it looks like Congress may at long last finally have had enough of being played for suckers by the OPEC oil cartel and intend to do something about it.
Yet, having benefited enormously from American technology and investment, the Saudis turned around in 1973-74 to severely cripple the U.S. with the “Arab Oil Embargo” that cut off all oil exports to the U.S. because of American support for Israel in the Arab-Israeli War. The result? Oil prices increased 300% in a matter of months as Americans suffered with long lines and empty gas stations.
According to its chief sponsor, Republican Sen. Chuck Grassley, “we should at least hold foreign producers accountable for harmful price fixing.” Democrat co-sponsor Sen. Amy Klobuchar added: “This bipartisan legislation would allow U.S. antitrust laws to be enforced against OPEC producers.”
It’s half a century since 1973 and “the times they are a changing.” As the 100% solar-powered Florida community that came through Hurricane Ian’s direct hit and retained all its water, electricity and internet services proved, we are no longer at the mercy of ruthless Saudis and the OPEC cartel.
George Ochenski is a longtime Helena resident, an environmental activist and Montana’s longest running columnist.
Our stories may be republished online or in print under Creative Commons license CC BY-NC-ND 4.0. We ask that you edit only for style or to shorten, provide proper attribution and link to our web site. Please see our republishing guidelines for use of photos and graphics.