Reply To: Brain teaser – price of oil

To onegoal:

1. What this has to do with the price of tea in China is that it is a question about prices of a commodity consumed throughout the world. The factors governing the price of tea in China are similar to the factors governing the price of oil … or not. Please discuss.

2. If you want to talk about the price of tea in China, why not start your own thread?

To akuperma:

Your answer – that Israel would behave exactly like Saudi Arabia if Israel controlled a major portion of the oil supply of world – is interesting. Do you mean to say that (i) the moral rules governing oil production and pricing are the same under Halacha as under Sharia law, or (ii) Saudis with a secular world view now control Saudi Arabia’s oil policy, and if Israel had control of a comparable supply of oil, secular Israelis would control Israeli oil policy? Saudis use their oil wealth, in part, to generously finance very strict, fundamentalist Muslim education. Would Israel devote a similar portion of its oil wealth for the benefit of Chareidi education?

And why would Israeli socialists control Israeli oil? And if so, why would that be bad for frum Jews?