The Money Jihad blog has a post that isn’t really related to Shariah Finance or directly related to terrorism financing, but it is so important to the overall effort to defund our Jihadi enemies that we decided it needed to be reposted here.
Money Jihad basically points out that shale exploration and production here in the US has the potential to to break OPEC’s stranglehold on the world oil and gas markets. Here is the particularly superb quote from the article:
- The weakening of OPEC means: 1) a smaller chance of price shocks and supply disruptions, 2) less dependence on hostile Middle Eastern countries, along with a reduced need for political and military entanglement with those countries, and 3) less petrodollars flowing toward terrorism.
Read more at Money Jihad blog…