- Qatar has announced it will increase it's Oil Production 30% over the next 5-7 Years. Supply and Demand dictates this will help keep oil prices down. The announcement comes less than a month after reaching a $12 Billion Arms Deal with the US Government. Sounds like a clear case of Quid Pro Qou. https://mobile.nytimes.com/2017/07/04/business/energy-environment/qatar-gas-lng-saudi-blockade.html?referer=https://www.google.com/ 16 comments economy
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