Wednesday, January 14, 2015

2015-01-14 NYT as a propaganda organ: Drop in oil prices - "simple economics", no US manipulation...

2015-01-14 NYT as a propaganda organ: Drop in oil prices - "simple economics", no US manipulation... 
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From a US media outlet that is considered one of the most reliable...
"Oil Prices: What’s Behind the Drop? Simple Economics" in the headline.
At the end of the piece, you find: "There are a number of conspiracy theories floating around. Even some oil executives are quietly noting that the Saudis want to hurt Russia and Iran, and so does the United States — motivation enough for the two oil-producing nations to force down prices. Dropping oil prices in the 1980s did help bring down the Soviet Union, after all. But there is no evidence to support the conspiracy theories..."
In contast, see news item in next comment.
http://www.nytimes.com/…/business/energy-en…/oil-prices.html
The price of oil has plunged in recent months, reaching its lowest point in more than five years.
NYTIMES.COM|BY CLIFFORD KRAUSS
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