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To: bayouranger

I would argue that it might not be the problem it is thought to be.

As early as say 1985 the practice of Saudization began in earnest. That is foreign employees were eased out and replaced by Saudis. It was and is not now an easy process because there is not the backstop of experience to rely on. They now have 25 years more experience in the various non oil production businesses and manufacturing concerns than back then.

However, many ambitious young Saudis came to America and received first rate educations in a variety of fields. They are now in a generational position to take over from their fathers and uncles.

Years ago there was argument and disagreement in Saudi Arabia about conservation of resources, especially oil resources. While the change will produce a disruption of sales, it is not a shock, in fact there are likely plans in place to mitigate the change.

The loss of oil revenue will be the incentive for continuing growth and increased capacity of other industry. The current decrease will prolong the stream from known capacity


54 posted on 01/11/2012 1:31:04 PM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: bert
Go purify mecca with mo-mo. Those koranimals tried to destroy America. (Spit)
56 posted on 01/11/2012 1:55:24 PM PST by bayouranger (The 1st victim of islam is the person who practices the lie.)
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To: bert

don’t leave out Alaska ... great source, maybe the best, just a little more work to get it

http://www.adn.com/2011/03/05/1739077/great-bear-betting-big-on-alaskas.html


62 posted on 01/11/2012 6:32:31 PM PST by bricks4all@aol.com
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