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1 posted on 04/25/2016 11:46:56 AM PDT by bananaman22
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To: bananaman22
It is well known that Saudi Arabia is a shyt hole that is entirely heavily dependent on oil revenues.

There. Fixed it.

2 posted on 04/25/2016 12:17:04 PM PDT by Seruzawa (If you agree with the French raise your hand. If you are French raise both hands)
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To: bananaman22
The thing that is hurting Saudi Arabia is that with the price of natural gas taking a massive nose dive (and refineries all over the world are preparing to refine gasoline, diesel fuel, and lubricants from natural gas on a truly massive scale), the Saudis can't rely on crude oil exports anymore. However, the Saudis still have massive natural gas reserves, but it will take time for Saudi Aramco to build up the gas production and export infrastructure (something that Qatar and Iran have heavily invested in).

In fact, if I were Iran, Pakistan and India, I'd hold a summit and produce a gigantic deal to export natural gas from Iran to Pakistan and India through land pipelines. Not only would Pakistan and India now get a relatively clean energy source, but it would stick it to the House of Saud (which in turn could put the political screw on ISIS).

3 posted on 04/25/2016 12:23:33 PM PDT by RayChuang88 (FairTax: America's Economic Cure)
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