Matt Damon’s Anti-Fracking Movie Financed by Oil-Rich Arab Nation
Posted on 07/29/2013 7:39:10 AM PDT by SeekAndFind
Billionaire Saudi Prince Alwaleed bin Talal has warned shale oil and gas development poses a threat to the kingdom's economy, the Wall Street Journal's Summer Said reports. In an open letter to Saudi oil minister Ali al Naimi [in Arabic], Alwaleed also warns the kingdom must diversify its revenue streams in the face of flagging oil demand.
A source translated the key portion of the note:
With all due respect to your Highness’ viewpoint about shale gas and that it poses no danger on Saudi economy at ‘the present time’, I was hoping that your Highness would also shed light and focus on the danger of this matter in the ‘not-so-distant future’, especially that America and some Asian countries made big discoveries in shale gas extraction which will affect the oil industry around the world in general and Saudi Arabia in particular...
He also sent us the following summary of the letter's salient parts:
The third page calls on the government to decrease its dependence on oil and start investing in alternative energy sources like solar.
The fourth page is to the deputy oil minister after he told BBC that Saudi is not concerned about shale gas at the present time. Alwaleed says shale gas may not be a concern in the present, but it should be worrying for the future of Saudi energy exports.
The fifth page is similar to the fourth. His handwritten comment asks if indeed 92% of Saudi revenue is from oil and that we should pay more attention and shale gas and other energy developments around the world.
(Excerpt) Read more at businessinsider.com ...
Allah willing.
That sounds good to me. 15 of the 19 9/11 terrorists were Saudi. Let them eat their oil.
Probably where 90% of the funding for the anti-fracking movement is coming from.
Looks like they need to send Matt Damon another check to make another anti-fracking movie.
That explains the real reason why the 0bama administration is against it.
It amazes me the way they treat their women, that the NOW gang hasn’t jumped on the Saudis, like all the liberals did against Apartheid-era South Africa.
start taxing the pilgrims to mecca. you’ll be rolling in dough again.
Oil independence - how can folks be against that? I hear that — hold onto your hats - California Governor ‘Moonbeam’ Jerry Brown has vetoed ALL anti-fracking bills, and wants to go full speed ahead with fracking in California. It will turn the economy around here - there is lots of oil. Clock is right 2x a day.
His fellow Muslim has done all he can to stop fracking in the USA.
Jerry Brown does get it right, sometimes, actually he gets things right more than most Democrats.
Saudi Arabian oil export revenue gained in 2012 as Iran fell
http://fuelfix.com/blog/2013/07/29/saudi-arabian-oil-export-revenue-gained-in-2012-as-iran-fell/
Saudi Arabia’s revenue from exports of crude oil and other petroleum products in 2012 rose 5.3 percent from a year earlier while Iran’s income from sales abroad sank by 12 percent, OPEC reported.
The world’s largest crude exporter shipped oil and products valued at $336.1 billion last year, up from $319.1 billion in 2011...
correct assessment.
Stop the madness. Stop the fracking, before it is too late.
“
PRINCE ALWALEED: Fracking Is Going To Crush The Saudi Economy If Nothing Is Done”
If Fracking becomes common, the Opecker Princes will be forced to cut off their millions maybe billions of $’s of donations to our Green Economic Terrorists posing as enviros.
Also, the Opecker Princes will have to cut off their billions of under the table donations to liberal politicians who work 24/7/365 to keep us dependent on Opecker Oil.
Our economy will boom if fracking continues as we become independent from foreign oil and become an exporter to Europe and other countries.
That movie must have had minimal impact. I don’t recall hearing anything about it. Of course I’m not hip with current pop culture.
read Daniel Silva’s “The Messenger” - a very good spy novel - he talks about the incestuousness of Saudi money in Washington
The eco-terrorists have found a new sugar-daddy. They’ll probably use the same money trail.
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