It does not make one bit of a difference of who the Saudis sell oil to. Oil is a commodity in a world market, and sales to the Chinese will decrease the quantity that the Chinese purchase from other sources.
Quote:Oil is a commodity in a world market, and sales to the Chinese will decrease the quantity that the Chinese purchase from other sources.
Wrong, China is buying more oil from all sources. Not decreasing. They are building a huge manufacturing base and car sales are and will be going through the roof for years to come. China is building a road infrustrture because most of the people road bikes before.