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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 head of joaquin View Post
    Exactly, Bush spent $3T to give Iran hegemony over the region by decapitating the Iraqi state. Thanks Bush; Iran would have done it for free.
    Continue to spiral wildly off course, I love it.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
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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.
    Focus: I didn't say we'd be independent; I said we'd be producing more than them, which is true. That means lower prices worldwide, especially as natural gas supplants oil as the major energy source. And that will leave the Saudi kleptocracy in a bad position. Something we should encourage. The Saudi government is an enemy to democracy and secular society.
    Last edited by head of joaquin; 10-23-13 at 08:20 PM.

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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
    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!
    Oil will become increasingly irrelevant as industry shifts to natural gas, whose supply, due to frackng is exploding to an extent that the US will likely have enough cheap natural gas to last a century.

    The consequences will be disastrous for the Saudis, and they know it. So expect them to become an even more disruptive force in the Middle East in order to drive up oil prices. We should oppose them any way possible. They are not and never were our ally.

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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
    Oil will become increasingly irrelevant as industry shifts to natural gas, whose supply, due to frackng is exploding to an extent that the US will likely have enough cheap natural gas to last a century.

    The consequences will be disastrous for the Saudis, and they know it. So expect them to become an even more disruptive force in the Middle East in order to drive up oil prices. We should oppose them any way possible. They are not and never were our ally.
    That may be true for the power industry, but the automotive industry natural gas is still less viable except for local use.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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

    This just more proof that we don't need to stick our dick in the hole called the middle east.
    I have CDO, it's like OCD but the letters are in alphabetical order like they should be.

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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
    Oil will become increasingly irrelevant as industry shifts to natural gas, whose supply, due to frackng is exploding to an extent that the US will likely have enough cheap natural gas to last a century.

    The consequences will be disastrous for the Saudis, and they know it. So expect them to become an even more disruptive force in the Middle East in order to drive up oil prices. We should oppose them any way possible. They are not and never were our ally.
    Sorry, a little off topic, but you're OK with fracking?
    I have CDO, it's like OCD but the letters are in alphabetical order like they should be.

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

    Quote Originally Posted by American View Post
    That may be true for the power industry, but the automotive industry natural gas is still less viable except for local use.
    Since we can generate electricity cheaply with natural gas, and since automobiles will be increasingly electric in the next decade, this isn't a compelling argument at all.

    The Saudis see the writing on the wall. They know their oil monopoly only has a decade or two left. So expect them to thrash about in their death throes. It is an eternal shame to the democratic traditions of the US that we ever supported that loathsome monarchy.
    Last edited by head of joaquin; 10-23-13 at 11:14 PM.

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

    Quote Originally Posted by azgreg View Post
    Sorry, a little off topic, but you're OK with fracking?
    Regulated fracking, yep. We need rules to prevent leaking at the ground level where the intrusions into water supplies are occurring, and we need to know exactly what chemicals the industry is using, so they can be tested and regulated.

    That may add some minimal extra cost to the process, but not enough to prevent fracking from providing us with a potential century of cheap energy -- and cheap energy is the engine of huge economic growth. We're sitting on a gold mine, if we just go forward in a prudent safe way.

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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
    Regulated fracking, yep. We need rules to prevent leaking at the ground level where the intrusions into water supplies are occurring, and we need to know exactly what chemicals the industry is using, so they can be tested and regulated.

    That may add some minimal extra cost to the process, but not enough to prevent fracking from providing us with a potential century of cheap energy -- and cheap energy is the engine of huge economic growth. We're sitting on a gold mine, if we just go forward in a prudent safe way.
    I can agree with that.
    I have CDO, it's like OCD but the letters are in alphabetical order like they should be.

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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
    Focus: I didn't say we'd be independent; I said we'd be producing more than them, which is true. That means lower prices worldwide, especially as natural gas supplants oil as the major energy source. And that will leave the Saudi kleptocracy in a bad position. Something we should encourage. The Saudi government is an enemy to democracy and secular society.
    To be honest the Saudi royals might be bad, but what they are keeping out is even worse. You dont want make the same mistake as the US did in Iraq do you now..
    PeteEU

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