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174 comments on This Week in Petroleum 10-24-07
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174 comments on This Week in Petroleum 10-24-07
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GAIA Host Collective
You really think the Saudis are Republicans? Do you think they have been well-served by the GWB administrations?
I rather think the umbilical cord between Riyad and Washington has been cut, and the house of Saud is looking after number one, from now on.
If they are interested in maximising exports to the USA (in the hypothesis that they have spare capacity), then they might back the candidate who is most hostile to America's energy independence, probably the Republican. On the other hand, if the continuing solvency of the USA as a client is their main concern, they may take the opposite course and favour a Democrat.
I would direct your first question to Bandar Bush. Perhaps it might be asked the other way round. I think at this point the Saudis have no choice but to be Republicans. Any American pullout from Iraq would leave the Shi'a in charge, which would mean Iran ascendant, which would trouble the preodminately Shi'a eastern provinces of KSA, which would threaten Ghawar, Abqaiq, et al., which would ... I think you get the idea by now.
For a short experiment, compare and contrast the conduct of the Bush administration with what a Gore administration would have done, not just in energy and environmental policy, but in digging into the backgrounds of 15 of the 19 highjackers on 9/11.
No, the umbilical cord between DC and KSA is tighter than ever.
Not even hardly. KSA remains the top customer of US defense weaponry, and just three weeks ago they announced a new $631 million purchase of US weapons. Sounds like the same old deadly embrace to me.
--C