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2015-08-07 Arabia
Cheap US shale oil sending Saudi broke with less money for exporting sharia and expensive wars - oil 90% of revenue
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Posted by anon1 2015-08-07 00:00|| || Front Page|| [11134 views ]  Top
 File under: Salafists 

#1 Methinks the title needs to be reworked or paraphrased better.

Again, the issue may prove to be a moot point iff our mighty OWG Govts-Perts can't agree on the merits ala "peak oil" andor "peak" anything-n-everything else.

Espec towards Year 2030-2050 + beyond.

THE ISLAMIC WORLD CONQUEST/GLOBAL JIHAD MARRIES "MAD MAX" + BEGETS "INTERSTELLAR", "TANK GIRL", + "DEMOLITION MAN".
Posted by JosephMendiola 2015-08-07 00:08||   2015-08-07 00:08|| Front Page Top

#2 They don't make their munitions. They can't maintain their equipment. The first must be purchased abroad and the second hired from abroad. Which requires miney.
Posted by Richard Aubrey  2015-08-07 00:17||   2015-08-07 00:17|| Front Page Top

#3 They were warned about this a long time ago.

So be it.

No one in the Business world really has all that time for moslem shit.
It's a waste of Humans and Human Capital.

A net loss on any balance sheet.And they refused to stop it.
Posted by newc 2015-08-07 01:10||   2015-08-07 01:10|| Front Page Top

#4 If we (Israel) can just stop MM getting nukes, in a generation ME can become a nice place to live in.
Posted by g(r)omgoru 2015-08-07 02:31||   2015-08-07 02:31|| Front Page Top

#5 
Posted by  2015-08-07 06:43||   2015-08-07 06:43|| Front Page Top

#6 The key here is the Saudis announcing that for the first time, they're going to offer to sell government bonds. Bonds (and stocks) are a way of selling off what you perceive as accumulated risk and spreading it around. It also creates a solid, greed based reason for people to support you.
Posted by ed in texas 2015-08-07 07:29||   2015-08-07 07:29|| Front Page Top

#7 ...Point of order: I thought bonds were supposed to pay interest....and interest is against sharia, IIRC.

Mike
Posted by Mike Kozlowski 2015-08-07 07:37||   2015-08-07 07:37|| Front Page Top

#8 ....IIRC the 'game' is that we'll sell you a $100 bond, but at a discount of $75 and will pay you face value in 'x' amount of time.
Posted by Procopius2k 2015-08-07 08:33||   2015-08-07 08:33|| Front Page Top

#9 ....IIRC the 'game' is that we'll sell you a $100 bond, but at a discount of $75 and will could / should / might / won't pay you face value in 'x' amount of time.
Posted by M. Murcek 2015-08-07 08:48||   2015-08-07 08:48|| Front Page Top

#10 ...so like the Puerto Rico or Detroit gambit.
Posted by Procopius2k 2015-08-07 09:30||   2015-08-07 09:30|| Front Page Top

#11 Who needs Canadian oil when cheap oil is available from Iranian moderates.

Your source is ignorant. It'll end up in Asia and Europe - in that order.
Posted by Pappy 2015-08-07 10:53||   2015-08-07 10:53|| Front Page Top

#12 And in the Western world - Muslims are welcome, sharia is not

Can you have one without the other once a critical mass has been reached?
Posted by charger 2015-08-07 12:38||   2015-08-07 12:38|| Front Page Top

#13 In this regard, Obama has failed his Saudi friends. He has failed to shut down the US shale industry.
Posted by Iblis 2015-08-07 14:48||   2015-08-07 14:48|| Front Page Top

#14 They will be happier when the oil is gone. Without oil Westerners will have nothing to do with the entire region and they can become the geo-strategic equivalent of Africa.
Posted by rjschwarz 2015-08-07 15:19||   2015-08-07 15:19|| Front Page Top

#15 ^ then they'll finally have the time to contemplate and create all those Arab Nobel Science Winners NASA tells us are just waiting out there. STEM or Wudu?
Posted by Frank G on the road 2015-08-07 18:38||   2015-08-07 18:38|| Front Page Top

23:51 borgboy
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23:45 Alpha2c
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23:16 JosephMendiola
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