Will Oil Reach $400 Per Barrel ???

Some are speculating the price of oil may rise dramatically:

https://www.marketwatch.com/story/call-of-the-day-dont-rule-out-400-oil-if-the-us-sanctions-saudi-arabia-2018-10-15

In light of that possibility, let's examine a list of all the countries which have more proven oil reserves than does the US:

1. Venezuela - US tried to kill their last two leaders
2. Saudi Arabia - rapidly becoming our enemy
3. Canada - just embarrassed by US with the "new" NAFTA
4. Iran - continually threatened by US
5. Iraq - more or less destroyed by US
6. Kuwait - oil fields more or less wrecked in first Gulf War, oil now high in sulfur content
7. UAE - supports the Saudis
8. Russia - public enemy no. 1
9. Libya - destroyed by NATO
10. Nigeria - a puppet of western nations

Do you see anyone on the list who is actually FRIENDS with the US? I don't.

So why are people like Senator Graham pushing to sanction Saudi Arabia, an action which may trigger serious consequences for the US economy and the rest of the world?

https://thehill.com/blogs/floor-action/senate/411590-graham-pledges-to-sanction-to-hell-out-of-saudi-arabia-over-missing

Are the people in DC that nuts, or is something else going on?

You may have noticed the UN recently suggested that gasoline should be taxed heavily to help curtail its production and use:

The United Nations has declared that a $240 per gallon gasoline tax is “needed” to fight climate change. To limit global warming, the UN’s report says that $27,000 per tonne of gasoline will need to be stolen from the public by the year 2100.

Source - http://www.shtfplan.com/headline-news/united-nations-a-240-per-gallon-gas-tax-is-needed-to-fight-climate-change_10092018

My guess is the powers that be have finally decided to acknowledge the reality of climate change in one of two possible ways:

1. Either they want the cost of oil to skyrocket to fill their already overflowing coffers while they still can; or
2. They actually want the increased price for oil and gas to be used to pay for the consequences of climate change.

Which do you think is more likely? (I know ... it's a trick question.)