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Saudi Arabia faces existential crisis after its misjudged gamble on oil
Financial Post ^ | August 11, 2015 | Ambrose Evans Pritchard

Posted on 08/11/2015 2:07:11 PM PDT by rickmichaels

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To: rickmichaels

Did the article mention Iran and their world manipulation? They can sell lots of oil to counter the SA production decrease and keep pricing down putting SA in a bind.


21 posted on 08/11/2015 2:43:47 PM PDT by mountainlion (Live well for those that did not make it back.)
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To: rickmichaels

Never bet against oilmen from Texas. They will win, and have more Iives than a cat.


22 posted on 08/11/2015 2:44:47 PM PDT by txrefugee
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To: 2 Kool 2 Be 4-Gotten

Even if they do try to throttle back production to drive up the price, the oil the Iranians are about to flood the market with will negate it


23 posted on 08/11/2015 2:48:07 PM PDT by VRWCarea51 (The original 1998 version)
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To: Rumplemeyer
With oil prices crashing they do not have the ability to manipulate the news about themselves and cracks are appearing in the stone wall they erected around their backing and support of the 9/11 hijackers, remember 19 of them were Saudis. When that news of their involvement comes out they do not have enough money to stop the wrath that will befall them...

I also think they have been bribing the politicians of Europe to let in their underclass and troublemakers. When that money stops, and Europe stops being their trash dump and Muslims start getting deported back to their ancestral homes, you will see BIG trouble start.

24 posted on 08/11/2015 2:49:03 PM PDT by PapaBear3625 (You don't notice it's a police state until the police come for you.)
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To: rickmichaels

na na na na hey hey goodbye


25 posted on 08/11/2015 2:52:53 PM PDT by Flag_This (You can't spell "treason" without the "O".)
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To: Rumplemeyer

I hope that this leads to their demise. I once thought that part of a good economic and foreign policy was to suck the middle east oil fields dry while retaining our own oil rereserves, never letting the ME to have access to our oil reserves in the future. Unfortunately, liberals and progressives have screwed up our economic might so much that this strategy is not achievable. By the way, my thoughts go back to the 70’s energy crisis and a recognition of the evil if Islam during the Iranian hostage crisis. I am still pissed at Iran and our government’s lack of resolve to punish Iran. Since the Iranian hostage crisis we can add a number of other ME countries to the list that need to be utterly destroyed and never rebuilt, at least not with American tax dollars.


26 posted on 08/11/2015 2:58:30 PM PDT by ConservativeInPA
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To: PapaBear3625

See tagline...


27 posted on 08/11/2015 3:06:49 PM PDT by null and void (Support Islamic Repatriation)
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To: rickmichaels

When Ambrose Evans-Pritchard reports a story like this, you may as well believe the complete opposite. He’s not exactly a trustworthy analyst.

(I’m not saying he’s ALWAYS wrong — maybe just half of the time.)


28 posted on 08/11/2015 3:19:06 PM PDT by Hawthorn
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To: SeekAndFind

>> Hello Bill O’Reilly are you there? <<

You beat me to it! O’Reilly has long acted like a total fool on the oil price issue.

(Actually, I think he probably knows better. But I guess he’d rather pander away on what he considers a “populist” issue.)


29 posted on 08/11/2015 3:23:05 PM PDT by Hawthorn
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To: VRWCarea51

Right.


30 posted on 08/11/2015 3:57:48 PM PDT by 2 Kool 2 Be 4-Gotten
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To: rickmichaels

Ha ha. Eat sand, now-rich camel-jockeys.


31 posted on 08/11/2015 4:03:56 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: rickmichaels
"Peak oil," anyone?
32 posted on 08/11/2015 4:47:53 PM PDT by JoeFromSidney ( book, RESISTANCE TO TYRANNY, available from Amazon)
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To: ConservativeInPA

I remember too what those filthy Iranian savages did to our hostages.

NEVER FORGET 444.


33 posted on 08/12/2015 6:11:06 AM PDT by T-Bone Texan ('Zionists crept into my home and stole my shoe' - Headline)
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To: PapaBear3625

Right. And all the while, US frackers will be improving their processes, shaving costs, increasing their yields and being able to ramp up production quickly. If a business-oriented candidate can be elected, US oil, armed with the new fracking skills, the Green River Formation might finally be able to be tapped - ending US economy-as-hostage to volatile world oil pricing.


34 posted on 08/17/2015 8:39:34 AM PDT by Sgt_Schultze (If a border fence isn't effective, why is there a border fence around the White House?)
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