But where is the oil going? Someone has to buy it. The answer is provided by Al-Arby's extensive investigation which lays out in detail how oil is transported from ISIS-controlled wells to Israel via Turkey saying: "ISIS sells Iraqi and Syrian oil for a very low price to Kurdish and Turkish smuggling networks and mafias, who label it and sell it on as barrels from the Kurdistan Regional Government.
An estimated 20,000-40,000 barrels of oil are produced daily in ISIS controlled territory generating $1-1.5 million daily profit for the terrorist organization. Israel is the main purchaser of ISIS oil, in August, the Financial Times reported that Israel obtained 75% of its oil supplies from Iraqi Kurdistan and a large proportion of that oil originates in ISIS controlled territory. Several sources have confirmed that Israel has purchased most of its oil supplies from ISIS militants who stole it from Syria via tanker truck convoys including the excellent, detailed and well researched article titled 'Islamic State oil trade full frontal: 'Raqqa's Rockefellers', Bilal Erdogan, KRG Crude, and the Israel connection' by Tyler Durden.
At the core of all this is the US petrodollar. Why? As RT explains: "Essentially the American's power is dependent on the Saudi regime. It may appear that the issue is oil, but it's much more than merely the supply of the black stuff. More importantly it is the petrodollar system by which global oil trade is conducted. When US President Franklin D Roosevelt held his landmark summit with Saudi’s founding monarch, Ibn Saud, in early 1945 the two leaders set in motion the petrodollar arrangement by which the soon-to-be world’s top oil producer would sell in perpetuity the commodity denominated only in the US dollar."
"For the next seven decades, Saudi Arabia and the other Gulf Sunni Arab oil kingdoms have helped maintain the petrodollar system. Without this system, the US currency would cease to be the world’s reserve currency. Without that status, the US would collapse in bankruptcy."
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For a more detailed look at the sinister motives behind this treachery here's a short reading list of articles by Middle East expert Dan Sanchez.
Toward a Colonial End Zone with No Gray Zone...
We know what the jihadis’ end game is. They plainly tell us in their official publication. ISIS, in the tradition of its forefathers Osama bin Laden and Abu Musab al-Zarqawi, wants to use terrorist provocation to polarize the entire world into two irreconcilable enemy camps. By eliminating any “gray zone” between “the crusader camp” and “the camp of [Salafist] Islam,” the terrorists seek to precipitate an apocalyptic “clash of civilizations,” out of which they will arise victorious.
The Saudis Go Full ISIS In Their US-Backed Takfiri War on the Shia
It is no mystery why the Saudis are such brothers in arms with the Bin Ladenites, sharing both their hyper-sectarian aims and their gruesome methods. The Wahhabist Saudis and the Salafist terrorists are both “Takfiris”: theocratic, fundamentalist Sunnis who justify sectarian persecution and bloodshed on the grounds that their victims are not true Muslims, but apostates. Both the Saudis and ISIS regularly behead people for apostasy.
War Is Realizing the Israelizing of the World
Since 2006, the Saudis have been obsessed with waging a proxy jihad against what it conceives as a burgeoning Iran-led “Shia Crescent” (including Iraq, Syria, Hezbollah, and Yemen) that threatens their interests in the region. This anti-Shia vendetta has been supported by its fellow Gulf sheikhdoms, the US, the EU, Turkey, and Israel.