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Saudi Economic Problems, American Foreign Policy and the Future of Oil

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Saudi Economic Problems, American Foreign Policy and the Future of Oil
Topic: International Relations 8:17 am EDT, Oct 30, 2008

Questions for Kent Moors.

Q: Why should Americans care that Saudi Arabia has fallen on hard times?

If the situation continues for any time it will lead to political instability in Saudi Arabia.

Those who argue for American self–sufficiency, that we can somehow produce the energy we need here in the U.S., don’t understand the nature of the oil market.

In my judgment, we have about 30 years left of a sustainable crude oil based economy.

Saudi Economic Problems, American Foreign Policy and the Future of Oil



 
 
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