Shaktimaan
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Tue Jan-27-09 12:01 AM
Response to Reply #13 |
| 14. I'm sure they wouldn't. |
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It's not as though there would be no one to purchase their oil at all, were the US to somehow drastically reduce our Saudi oil imports, (which is itself a total fantasy for the forseeable future.) The problem is that the price of it would plummet. Iran, Iraq, Russia, Nigeria, Canada, etc., are all still going to want to sell their oil too.
And Saudi Arabia's stability hinges entirely upon oil wealth. They have a very young population with high unemployment and almost no national industries whatsoever aside from selling oil. The Saud's are going to do everything possible to retain the US as a client. Their rule depends on it.
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