1. Saudi Arabia is plotting against Iran.
Just about every Islamic Muslim Mosque in America was paid for by Saudi Arabia
Now that the sanctions against Iran have been
lifted and Iranian oil can return to the world market, some people are
wondering if Saudi Arabia is trying to sabotage Iran by holding down oil
prices. Iran is poised to re-enter the global economy with a highly educated
and young workforce and a strong manufacturing base and Saudi Arabia may be
maneuvering to prevent Iran from reasserting itself and gaining more influence
in the Middle East.
…
2. The U.S. and Saudi Arabia are punishing Russia.
Both Saudi Arabia and the U.S. are at odds with
Russia. Russia is supplying Syrian President Bashar al-Assad with billions in
weaponry and military support, placing it in conflict with Saudi Arabia, which
vehemently opposes Assad’s regime. Putin’s territorial moves in the Ukraine
have angered the U.S. government, as well as leaders of the European Union.
…
3. Obama is at war with the U.S. shale oil
industry.
One theory suggests that President Obama is working
with Saudi Arabia to flood the global oil market, killing the U.S. shale oil
industry in the process. One of Obama’s key concerns is the environment and the
shale oil boom could slow the development of renewable energy.
…
4. Saudi Arabia has overthrown OPEC.
Every member of the cartel has indicated a
willingness to meet and implement a unilateral OPEC production cut — except for
Saudi Arabia.
…
5. Saudi Arabia is at war with the U.S. shale oil
industry.
Largely due to the boom in the shale industry, U.S.
oil production increased sharply after 2011. Production surged to 8.7 million
barrels a day in 2014 , up from 7.5 million barrels a day the year before, and
has only kept growing since then. The
U.S. now pumps around 9.5 million barrels a day, or roughly 10 percent of the
world’s oil supply, making it the third-largest producer in the world.
Business Insider.
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