Oil price and ISIS

There are so many strange relationships in the Middle East these days it is hard to keep track but one area the press has not focused on is the sale of stolen oil by ISIS. The question is who is buying this oil and the answer is Syria and the Kurds both sworn enemies of ISIS. While ISIS gets some money from ransom payments, it gets most of its money from illegal oil sales. Kurdish fighters known as Peshmerga represent the only group the US has rallied to fight against ISIS and they are supplying their enemies with the money needed to fight against them. The one thing that is hurting ISIS more than any other is the drop in the price of oil which is just one more advantage caused by the US use of fracking to increase the world’s supply of oil. The countries around the world giving the United States the most grief are suffering the most from low priced oil, countries like Iran, Syria, Russian and Venezuela. Other countries more friendly to the US are finding life a little easier because of the oil price, countries like Japan and China and most of Europe.