Can Saudi Arabia survive coming American Oil boom???

[Ceylal]

The demand and supply equation means that the prices of crude will plummet in the near future. And that's bl00dy good news!!

unlikely, if you factor in inflation, even at @$ 300 the barrel is still cheap...Milk, here is more than $200 a barrel...

 

[Imran Khan]

the question is can Amreica survive without saudi oil

 

[Ceylal]

See thats one of the real reasons for the Russians to keep supporting Assad.

Saudi oil has nothing to do with Russia's support of Syria...It is the political survival of Russia that is at play...Russia is as it sit now surrounded by American bases, they don't want to face another threat of radical Islam. If it was oil, they would have made a stand in Libya...

 

[Yzd Khalifa]

Saudi oil has nothing to do with Russia's support of Syria...It is the political survival of Russia that is at play...Russia is as it sit now surrounded by American bases, they don't want to face another threat of radical Islam. If it was oil, they would have made a stand in Libya...

We all know who supported the Chechnya freedom fighters.

 

[Ceylal]

These high crude prices are artificially created by OPEC countries.In 2008 OPEC countries cut more than four million barrels of oil a day to stem a price crash during the financial crisis.They want high crude prices to finance their bloated budget.So what ever the case they will let the price of the crude drop too much.Which will lead to another interesting predicament.In order to be economically shale oil production requires high oil prices—typically $70 a barrel or above.So OPEC countries are essentially creating an environment that will essentially lead to a situation where they lose their ability to control global oil prices at will.

That is not true..Rest of the world produce more and if there is price fixing, we have to look the side of the producer/refiner magnates..ie multinationals

 

[Hussein]

We all know who supported the Chechnya freedom fighters.

first war : the republican the right persons to support ... and nobody cared : nobody helped them
second and so : the fanatic who destroyed the country and the "picture" of the country : i guess you know
i know a chechen couple in Moscow they prefer Russian support of a dictator than being living in a scary fanatic state
that says how much sad it is for this country

 

[Azazel]

That is not true..Rest of the world produce more and if there is price fixing, we have to look the side of the producer/refiner magnates..ie multinationals

Nope,We are talking about the price of Crude oil,Not the price of the refined petroleum products..If they are not involved in fixing why there is a need for such organization.Their stated goal is to The goal is to secure a steady income to the member states,Which means fixing global oil prices.OPEC in effect is a Global oil cartel.

 

[T-123456]

Saudi oil has nothing to do with Russia's support of Syria...It is the political survival of Russia that is at play...Russia is as it sit now surrounded by American bases, they don't want to face another threat of radical Islam. If it was oil, they would have made a stand in Libya...

Again your intelligence,
A pipeline from the KSA to Europe means loss of revenue for Russia,faster and cheaper.
Dont act like you are professor in politics,in Libya they could do NOTHING as they cannot in Syria.
Radical Islam?
Which neighbour of Rusia or Syria is a Radical Islam threat to them?
Ridiculous,none of your statements are valid.

 

[Sinnerman108]

why do all these Bedouins whose beards are not complaint with the Sunnah look like thieves?

You need an education and be taught some manners.

So, how old are you ?

 

[Ceylal]

Again your intelligence,
A pipeline from the KSA to Europe means loss of revenue for Russia,faster and cheaper.
Dont act like you are professor in politics,in Libya they could do NOTHING as they cannot in Syria.
Radical Islam?
Which neighbour of Rusia or Syria is a Radical Islam threat to them?
Ridiculous,none of your statements are valid.

I am not going to get into a pissing contest with you..you are not gonna win that fight...In this particular subject, you are sailing in unfamiliar territory, ...You really need to hit some books...

 

[Ceylal]

Nope,We are talking about the price of Crude oil,Not the price of the refined petroleum products..If they are not involved in fixing why there is a need for such organization.Their stated goal is to The goal is to secure a steady income to the member states,Which means fixing global oil prices.OPEC in effect is a Global oil cartel.

The biggest oil companies that control and manipulate the price of Oil through the stock market, are BP, Total, Exxon, Shell..etc...all of them are producers and refiners... and control more oil out put than Opec combined. Opec may have played a political force during the cold war, but now it is an irrelevent organisation and effect on the oil price is minimum...None of the members respects their respective quota, they always produce above what was discussed, yet the prices keep climbing. Prices are more or less affected to a small degree by political unrests, and the rest by Wall Street.

 

[Ceylal]

If these two have survived a common ennemi, the arab league and the MENA would have a been a force to reckon with.

Islamic conference in Lahore, Pakistan..

 

[Azazel]

The biggest oil companies that control and manipulate the price of Oil through the stock market, are BP, Total, Exxon, Shell..etc...all of them are producers and refiners... and control more oil out put than Opec combined. Opec may have played a political force during the cold war, but now it is an irrelevent organisation and effect on the oil price is minimum...None of the members respects their respective quota, they always produce above what was discussed, yet the prices keep climbing. Prices are more or less affected to a small degree by political unrests, and the rest by Wall Street.

No No,The single largest entity impacting the world's oil supplies is the OPEC.Together, these 13 nations are responsible for 40 percent of the world's oil production and hold the majority of the world's oil reserves.When OPEC wants to raise the price of crude oil, it simply reduces production. This causes gasoline prices to jump because of the short supply, but also because of the possibility of future reductions. When oil production dips, gas companies get nervous. The mere threat of oil reductions can raise gas prices.Beyond OPEC, there are several other countries that contribute to the world's crude-oil supplies, including the United States, Mexico, Canada, Equatorial Guinea, Russia and China.OPEC tracks the oil production of these nations and then adjusts its own production to maintain its desired barrel price.And yes there are members who cheat a little.By producing a little more oil, an individual country can earn more.That's what happens when you form a cartel.

 

[Farooq]

No, it won't



Safavids

Safavids? whats that?

 

[Farooq]

You need an education and be taught some manners.

So, how old are you ?

Is this the best you Najdis can do to dodge a question?

According to the mazhab of all 4 Imams the definition of a beard is where it covers your entire face from one side of your ear to the other and according to Hazrat Umer رضي الله عنه the beard must one fist long and maximum one fist and two fingers long. None of these rulings your despot kings follow.

So again, why is the beard of the Bedouins not in compliance with the Sunnah of the Prophet صلى الله عليه وسلم and Islamic law?