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Posted by AlanC 2012-06-14 14:34||
#2 red on red
Actually, the Saudi royals are blue. It's the Saudi populace that is red.
Posted by Zhang Fei 2012-06-14 14:42||
#3 biting the hand that feeds them
Posted by manversgwtw 2012-06-14 15:41||
#4 biting the hand that feeds them
The royals aren't feeding the Ikhwan. The founder of the al Saud dynasty slaughtered them a century ago. The problem is that the Saudi hoi polloi is composed of fanatics and the Ikhwan is catering to them. It wouldn't surprise me if the Saudi Royal family were overthrown much as the Iranians overthrew the Shah. That's if we stand aside as we did in 1979 during the Iranian revolution, of course.
Posted by Zhang Fei 2012-06-14 16:09||
#5 And let oil reach $5 a gallon? Oh wait...
Posted by Charles 2012-06-14 17:56||
#6 And let oil reach $5 a gallon? Oh wait...
Thanks to massive demand increases from Asia, world oil consumption has gone from 60m bbl per day in 1980 to 87m bbl per day. That is a 45% increase in consumption, even as American oil production has fallen from 8.6m bpd to 7.8m bpd since 1980, after factoring in the shale oil revolution. The marginal barrel of oil is being produced in Angola, where oil production costs hover in the $80/bbl range, whereas tar sands' and shale oil's cost are $60/bbl. Bottom line is that sub-$2 gas will never again materialize unless a good chunk of the world's population simply vanishes.
And anyone who thinks $5 a gallon gasoline is expensive won't be happy when a Brotherhood-ruled Caliphate (which will consign the name Saudi Arabia to history books along with Rhodesia and Ruthenia) decides to unify the Arabic-speaking ummah in the Middle East via a mixture of subversion and large-scale infusions of weaponry. Think $10 a gallon. And that's not even counting the number of terrorist attacks against Western interests they can mount using the full resources of the largest oil producing state in the world, including attacks against oil pipelines, tankers, and so on. Bin Laden's operation was a shoestring setup mounted by a few thousand amateurs funded with the equivalent of collection plates and several hundred thousand dollars of his personal fortune. At $80/bbl, 1% of Saudi Arabia's oil revenues = $3b. That's oil that costs a few dollars a barrel to extract. The mind boggles at what al Qaeda could do with $3b and a draftee pool of over 10m military age men.
Posted by Zhang Fei 2012-06-14 19:41||
#7 I GOT A FUNNY FEELING THAT HEADS ARE GOING TO ROLL!
Posted by Thomoter McCoy4259 2012-06-14 19:50||