Key Crisis Point: Is Saudi Arabia Running Out of Gas?
http://journal-neo.org/2016/03/10/key-crisis-point-is-saudi-arabia-running-out-of-gas/
Saudi Arabia’s ever increasingly hostile
stance toward neighbors may not be as secular as some have suggested.
Given the nature of the country’s oil reserves, and almost unlimited
production for decades, it’s possible the Saudis could simply be running
out of gas. Here’s a candid look at the Saudi situation, one which
should be thought provoking. If the world has really reached the “peak
oil” threshold, a Middle East war may be inevitable.
Saudi Arabia has been a sort of model
country for much internal progress since the oil embargo of 1973
catapulted the members of the organization of petroleum exporting
countries (OPEC) into immeasurable profitability. Not the least of
“progress” aspects derived from oil money has been the elevated living
standard of the nation’s people. For a bit of a history lesson on this, I
revert to the bid by OPEC in the mid 70’s.
http://journal-neo.org/2016/03/10/key-crisis-point-is-saudi-arabia-running-out-of-gas/
country for much internal progress since the oil embargo of 1973
catapulted the members of the organization of petroleum exporting
countries (OPEC) into immeasurable profitability. Not the least of
“progress” aspects derived from oil money has been the elevated living
standard of the nation’s people. For a bit of a history lesson on this, I
revert to the bid by OPEC in the mid 70’s.
http://journal-neo.org/2016/03/10/key-crisis-point-is-saudi-arabia-running-out-of-gas/
