U.S. Must Normalize Its Relationship With Saudi Arabia, Expert says

[50CentStan]

Not even Iran will go directly to war with Saudi.

Oil isn't going back up, possibly ever, and especially not to $150 barrel.

don't be so pessimistic, all we need is major chaos in Saudi Arabia. disturbance with the Persian gulf, the latest radical group sabotaging oil in KSA, China/India economy pick up, more nations getting developed and industrialized, etc...a Republican president could definitely get oil jumping again.

 

[88m3]

:biggapls:

Where's the demand going to come from? Especially as the West moves away from oil and produces their own locally.

 

[88m3]

don't be so pessimistic, all we need is major chaos in Saudi Arabia. disturbance with the Persian gulf, the latest radical group sabotaging oil in KSA, China/India economy pick up, more nations getting developed and industrialized, etc...a Republican president could definitely get oil jumping again.

The Middle East and North Africa are in chaos right now and prices aren't budging.

Yes, perhaps China will pick up again but it's probably not going to be anytime soon. China will also reach peak urbanization at some point they can't just build indefinitely. I think India is still rolling along last I checked...

I think we're about to see a serious change in the global economy.

 

[TLR Is Mental Poison]

Where's the demand going to come from? Especially as the West moves away from oil and produces their own locally.

Demand is not going to go down that much. It was only down like 3% in 2009 when the world shut down

 

[☑︎#VoteDemocrat]

That'll never happen the Muslim world which is largely friendly would become hostile to the US.

One of the more stupid things I've read on here.

 

[☑︎#VoteDemocrat]

Demand is not going to go down that much. It was only down like 3% in 2009 when the world shut down

dudes act like we just stopped using it or something

 

[88m3]

We have bases and are on good terms with Muslim states from North Africa to Asia.



Think they'll play nice when the US takes an aggressive stance to KSA? I don't think so. Look at the reaction to Iran whining about their cleric getting axed.