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Thread: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Quote Originally Posted by Michael66 View Post
    America does need Saudi oil so you're totally wrong. You shouldn't make rash claims on something you don't know anything about. Just the fact that the Saudis are trying blackmail should be enough to make you understand. Look up some numbers that tell you where the US gets it's oil and how much it uses every day.
    In a decade we'll be producing more oil that Saudi Arabia, a fact that frightens them profoundly, since their prices will plummet and the gangland style kleptocracy that runs the nation will have problems holding on to power. That's the backstory here. The Saudis are lashing out to cause confusion, mostly because they're stupid and they're scared.

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Quote Originally Posted by VanceMack View Post
    Judging by his post, its the Dick thing he is really obsessed about.

    Of course...NONE of that has ANYTHING to do with Saudis reasons...

    Upset at President Barack Obama's policies on Iran and Syria, members of Saudi Arabia's ruling family are threatening a rift with the United States that could take the alliance between Washington and the kingdom to its lowest point in years.

    Saudi Arabia's intelligence chief is vowing that the kingdom will make a 'major shift' in relations with the United States to protest perceived American inaction over Syria's civil war as well as recent U.S. overtures to Iran, a source close to Saudi policy said on Tuesday.

    Prince Bandar bin Sultan told European diplomats that the United States had failed to act effectively against Syrian President Bashar al-Assad and the Israeli-Palestinian conflict, was growing closer to Tehran, and had failed to back Saudi support for Bahrain when it crushed an anti-government revolt in 2011, the source said.

    n unusually blunt public remarks, Prince Turki al-Faisal called Obama's policies in Syria 'lamentable' and ridiculed a U.S.-Russian deal to eliminate Assad's chemical weapons. He suggested it was a ruse to let Obama avoid military action in Syria.

    'The current charade of international control over Bashar's chemical arsenal would be funny if it were not so blatantly perfidious. And designed not only to give Mr. Obama an opportunity to back down (from military strikes), but also to help Assad to butcher his people,'

    Obama is embarrassingly bad at the whole foreign policy gig and it shows. Everyone in the world knows it. Well...ALMOST everyone...
    Well you don't have to convince me.....I agree his FP is a total failure. Nor do I believe in the Neo Con/lib concept that we should be dealing with the Sunni under the pretense that they are willing to do business with the west. Therefore this makes us allies. Except for AQ who is Sunni.

    Moreover we even have Egypt offering the Russians to put a Military base inside Egypt. Which of course the MB is Sunni. Qatar is controlled by the Sunni, Kuwait, Oman, Yemen, UAE, and Bahrain.

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Quote Originally Posted by head of joaquin View Post
    In a decade we'll be producing more oil that Saudi Arabia, a fact that frightens them profoundly, since their prices will plummet and the gangland style kleptocracy that runs the nation will have problems holding on to power. That's the backstory here. The Saudis are lashing out to cause confusion, mostly because they're stupid and they're scared.
    Global demand will likely stay high enough to keep Saudi Arabia at peak or near peak production for the foreseeable future. You vastly over-estimate the emphasis they place on the US energy renaissance. It is also worth noting that Saudi Arabia has weathered oil gluts fairly well in the past (the 1980's and 1990's come to mind). The bigger problem for Saudi Arabia at present is their staggering youth employment crisis. If you want an indicator for potential social or political unrest look no further.

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Quote Originally Posted by head of joaquin View Post
    In a decade we'll be producing more oil that Saudi Arabia, a fact that frightens them profoundly, since their prices will plummet and the gangland style kleptocracy that runs the nation will have problems holding on to power. That's the backstory here. The Saudis are lashing out to cause confusion, mostly because they're stupid and they're scared.
    No, not even in a decade will the US be completely independent of foreign oil. You really haven't looked into the question at all yet. Fracking has so far been a miniscule contribution to the 20 million barrels of oil your country consumes every day. Do you have any idea whatsoever how much of that is domestic oil? Do you have any idea how much comes from Canada?

    Become informed and I will continue to discuss the issue with you.

    As to Saudi supply, I will add that it's indeterminate at the moment. There are very valid suspicions that Saudi doesn't have the reserves they have claimed but we still don't know exactly what they have in the ground.

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Quote Originally Posted by Sherman123 View Post
    Global demand will likely stay high enough to keep Saudi Arabia at peak or near peak production for the foreseeable future. You vastly over-estimate the emphasis they place on the US energy renaissance. It is also worth noting that Saudi Arabia has weathered oil gluts fairly well in the past (the 1980's and 1990's come to mind). The bigger problem for Saudi Arabia at present is their staggering youth employment crisis. If you want an indicator for potential social or political unrest look no further.
    Right! Saudi oil will continue to be pumped out of the ground as long as it exists in the ground. The US has so far shown no decline in it's dependence on it. The facts on the ground always trump the facts in people's minds and Americans' delusions of grandeur that they will be oil independent on outside sources. Fracking considered!

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Quote Originally Posted by Michael66 View Post
    No, not even in a decade will the US be completely independent of foreign oil. You really haven't looked into the question at all yet. Fracking has so far been a miniscule contribution to the 20 million barrels of oil your country consumes every day. Do you have any idea whatsoever how much of that is domestic oil? Do you have any idea how much comes from Canada?

    Become informed and I will continue to discuss the issue with you.

    As to Saudi supply, I will add that it's indeterminate at the moment. There are very valid suspicions that Saudi doesn't have the reserves they have claimed but we still don't know exactly what they have in the ground.
    Net imports of crude have fallen significantly in the wake of increased US production to it's lowest projected levels since the 1980's. But you are right that we still import an enormous amount of crude, however the petroleum market is global. Any increased output can have an impact on prices and supply considerations.

    According to the EIA: "Rising domestic supplies have curbed consumption of foreign fuel. Net imports of crude oil and petroleum products will fall to 5.4 million barrels a day by 2014, down from 12.5 million in 2005, the EIA, a unit of the Energy Department, said in the report. "

    Fracking Moves U.S. Crude Output to Highest Level Since 1989 - Bloomberg

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Quote Originally Posted by Sherman123 View Post
    There has been more to the relationship historically than that. Closely aligned political interests, finely cultivated personal relationships, and a historical relationship that goes back to the Roosevelt administration all play into this.
    Saudi Arabia is a theocratic monarchy. They use their money to spread religious fundamentalism throughout the Muslim world in direct opposition to American interests. Other than oil, they have nothing to offer. I'll grant you the existence of finely cultivated personal relationships, but those are simply means to an end, not valuable by themselves.

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Quote Originally Posted by head of joaquin View Post
    Let's pretend that Bush's failed vanity wars didn't give Iran almost complete control of the region. Let's pretend.
    Well lets not forget he did have to clean up after Bilbo the Clown got out there to play with the Big boyz.....which as all know. When it comes to Democrats and Foreign Policy. Its the Republicans that take one step forward eager to get their hands on the money. But the Democrats that put us two Steps behind. It is what it is.

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Saudi Arabia's strength is that all OPEC oil is sold in US Dollars, ergo all the big oil users have to keep humungous piles of US Dollars on hand to purchase OIL. The treaty to price OIL in US Dollars is with the Saudis. That has worked to our benefit as the World's reserve currency, creating a false demand for US Dollars and you know about supply and demand, eh? If the Saudis dropped the requirement to purchase with US Dollars, then the US Dollar would take a worldwide crap. They are also a big time purchaser from our Military/Industrial/Corporate complex. The Syria debacle has been engineered by the Saudis and the CIA and since when to we let a Monarchy run our Intelligence, or lack thereof, agencies?

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    re: Saudi Arabia warns U.S. that policy on Syria, Iran straining decades-old [W:70]

    Quote Originally Posted by Sherman123 View Post
    Net imports of crude have fallen significantly in the wake of increased US production to it's lowest projected levels since the 1980's. But you are right that we still import an enormous amount of crude, however the petroleum market is global. Any increased output can have an impact on prices and supply considerations.

    According to the EIA: "Rising domestic supplies have curbed consumption of foreign fuel. Net imports of crude oil and petroleum products will fall to 5.4 million barrels a day by 2014, down from 12.5 million in 2005, the EIA, a unit of the Energy Department, said in the report. "

    Fracking Moves U.S. Crude Output to Highest Level Since 1989 - Bloomberg
    Your link tells us that fracking has pushed domestic oil production up 124,000 barrels a day. Is that significant when compared with the 20 million a day US consumption? Yes, there has been a decline in the US's imports but it's a long way from oil independence and will remain so. In fact, fracking is in question and that reflects the 124 thousand figure. Canada will continue to be your largest supplier but Saudi will too. That's the reason this issue is not being ignored.

    Rising crude supplies from fields including North Dakota’s Bakken shale and the Eagle Ford in Texas have helped the U.S. become the world’s largest exporter of refined fuels including gasoline and diesel. Texas pumped 2.575 million barrels a day in June, according to the EIA, enough to rank it ahead of seven members of the Organization of Petroleum Exporting Countries.
    REad that carefully and understand it. There is a lot of politics involved in all these reports. In fact, it should be a little embarrassing to see the obvious attempt to obscure the main issue with this paragraph.
    Last edited by Michael66; 10-23-13 at 02:49 PM.

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