Trump Blog: OPEC

By Donald J. Trump

Last week I spoke with Greta Van Susteren on Fox News, and we covered topics that included the economy, President Obama, the banks, health care, and OPEC. OPEC deserves our attention because it’s a situation that is too often overlooked, and it has had serious impact on our country and our economy.

OPEC openly laughs at the stupidity of our country as they raise oil prices. They are draining and sucking the life blood out of this country. They like to blame it on speculators. The speculators are peanuts compared to the power of OPEC. OPEC hires lobbyists in Washington and they have a strangle hold over the oil industry, which affects all of us in more ways than we might know. OPEC is destroying many countries.

The fact is, there’s oil all over the world in tankers--there’s so much oil that they’ll end up dumping it. Oil is at $70 a barrel and it should be $20. It doesn’t take a genius to do the math on that one. OPEC continues to set the price of oil as they continue to laugh at the stupidity of our leaders. They have been allowed to do whatever they want to do. I think we should be paying more attention to what’s going on with OPEC. (link)