The Kingdom has the largest proven reserves in exportable oil in the world. Its impact on the global economy cannot be underestimated. We would be fools to sever our relationship over the death of a Saudi passport holder.
How much oil remains is debatable. Depends also on how much water cut their wells are producing. No matter how much residual oil might remain in a reservoir, at some point it becomes uneconomical to extract.
China and Russia are not on par with U.S. for oil technology.
“The Russians and Chinese will fill the vacuum left by the US departure. And add the radical Islamists. The Kingdom has the largest proven reserves in exportable oil in the world. Its impact on the global economy cannot be underestimated. We would be fools to sever our relationship over the death of a Saudi passport holder.”
Agreed.