U.S. arms sales to OPEC at risk over oil -senators
The White House would likely veto efforts to link Middle East arms sales to oil prices, said Greg Priddy, an analyst with the Eurasia Group.
Though U.S. lawmakers blame OPEC for soaring oil prices, “the cartel has really lost control of the market at this point,” he said.
Tying oil prices to arms sales could motivate Middle East producers to seek cozier arms-for-oil agreements with countries such as Russia and China, said Frank Verrastro, an energy expert at the Center for Strategic and International Studies.
Corrente Wire has a category “Dept. of Do they have mirrors where you come from?” Which about sums up how I feel about this.
