Veritas01
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Bro, I am all ears.
However, I have some solid judgements, and understand Americans a bit better than many here.
This is not the first time US - KSA relations have experienced some friction.
Major hint: 1973 Oil Embargo.
OPEC is at the center of these episodes of friction. US (Obama administration) commenced shale revolution in 2014 to break the monopoly of OPEC in setting the price of oil per barrel, and much of the world celebrated this development. Now, OPEC is making a comeback with certain measures, and US is irked once again.
There is a solid basis to why Muhammad Bin Salman is trying to diversify Saudi economy; KSA is not comfortable with US - OPEC disputes, and Salman wants to reduce Saudi reliance on oil to fulfill its needs (Vision 2030).
However, US - KSA relations have withstood the test of time on the whole. And US shielded Saudi Monarchy from internal and external threats from time-to-time.
Donald Trump have the unfortunate habit of creating drama when there is none, to appease his vote base.
But make no mistake: US is a master strategist and incredibly powerful. Expect major surprises from it at the right time.
Learn from this post: https://defence.pk/pdf/threads/fran...-bomb-attack-near-paris.579964/#post-10831302
They understand what to do, whom to send a message, and how to tackle potential threats. They have various Think Tanks, military strategists and economists working under them.
On a lighter note, Husband and Wife fight at times. And make-out at other times.
Scores of members overreading this crap.
@BHarwana
@Peaceful Civilian
He wants Saudi to increase oil production to offset his sanctions on Iran and Venezuela, but if Saudi increases production to near max, what happens when the next crisis strikes? Prices will, as they are now, continue to rise due to the lack of spare capacity to deal with elastic changes - it's not OPEC's actions that are at fault here.
Low oil prices don't benefit American shale oil companies either. The response to low oil prices in '15 for shale oil producers was to slow production and lay off workers since their break-even point is higher than most oil producers. Shale oil is now linked to the market's volatility, though much quicker to react to shocks due to innovative tech, it's still affected by price. Trump is just a moron who plays to domestic politics far too much.
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