History will show Bush's venture into Iraq was the smartest and best thing anyone could have done for the national interests of the United States and its economic health, and it was intentional ---because he now virtually controls the largest reserve of oil in the world--and Saudi Arabia and Venezuela are getting to be a pain in the ass.
The Saudis like all oil producing countries are benefitting from rising oil prices including Russia which produces as much oil as the KSA. Oil prices are affected by a complex set of factors, both in the demand and supply side. The fall in Iraqi production wouldn't in the long run have made that much difference, after all there were strict limits on how they could sell the oil and spend the proceeds.
Ofcourse the Saudis would be worried about another possible conflict in Iran after what's happened in Iraq not because of the effect on oil prices but possibly because their country is actually situated in the same geographical region. The Americans can ignore advice, wreak havoc and leave but hey, the US of A is thousands of miles away.
of course, and by then it'll be too late since they wouldn't have invested in infrastructure, education of women, environmentally sustainable economic growth, and most important of all, democracy.
The saudi family are just british agents!!
Google in and you will find that Britian set them in power!
Metalgear55 4 years ago
Good for the US? You must be kidding!
xelad1 4 years ago
Of course, I won't say any more since we are limited--unlike many other sites--to only a measly 500 words.
mdk4130 4 years ago
History will show Bush's venture into Iraq was the smartest and best thing anyone could have done for the national interests of the United States and its economic health, and it was intentional ---because he now virtually controls the largest reserve of oil in the world--and Saudi Arabia and Venezuela are getting to be a pain in the ass.
mdk4130 4 years ago
I did not even have to comment, you said everything I was just about to say. :)
4yall 4 years ago
The House of Saud and the House of Bush. God help us!
jeri114 4 years ago
Ofcourse oil is king and the king of Saudi Arbia is getting fatter and fatter with all the wealth he and his family have been stealing!
nycro1 4 years ago
The Saudis like all oil producing countries are benefitting from rising oil prices including Russia which produces as much oil as the KSA. Oil prices are affected by a complex set of factors, both in the demand and supply side. The fall in Iraqi production wouldn't in the long run have made that much difference, after all there were strict limits on how they could sell the oil and spend the proceeds.
jamesbondy07 4 years ago
Ofcourse the Saudis would be worried about another possible conflict in Iran after what's happened in Iraq not because of the effect on oil prices but possibly because their country is actually situated in the same geographical region. The Americans can ignore advice, wreak havoc and leave but hey, the US of A is thousands of miles away.
jamesbondy07 4 years ago
These oil kingdoms and sheikhdoms will all turn into deserts once the oil runs out as they have been squandering off their wealth
jad114c 4 years ago 2
well said
geoffreyphilip 4 years ago 2
of course, and by then it'll be too late since they wouldn't have invested in infrastructure, education of women, environmentally sustainable economic growth, and most important of all, democracy.
luv4knowledge 4 years ago
This explains our entire relationship with the Middle East. It's ALL about OIL!
edw1111 4 years ago
The video made me feel how tragic the invasion of Iraq has been. Shame on Americas mis leadership. We are going to be paying for it forever.
douglos 4 years ago
The price of oil should have been over $100 a long time ago but it was held back to accomodate the auto industry and OPEC's monopoly.
xelad1 4 years ago