Is it time for U.S. to dump Saudi Arabia?

[XenoEnsi-14]

I have to build a time machine, since that's when the U.S. should have dumped Saudi Arabia, quite a while ago.

 

[Daneshmand]

LOL first, what does that have anything to do with what I have said? second, those news are false and have been denied by the Finance Minister, Azerbaijan has reserves of 35 bil+ and a deficit of 2-3% , we are doing better than majority of oil producing countries.

Azerbaijan Denies Asking for $4-Billion Bailout | EurasiaNet.org

try harder next time

Lol. Its relevance is quite clear. The low oil price is making both Saudi Arabia and Azerbaijan bankrupt. And I quoted CNN. You quoted the "finance minister" on a random website. Try harder next time.

 

[Levina]

US itself is now pretty much independent from foreign oil. Even if Saudi oil is taken off the market today that would be just about the loss of 11% of the total world production. The world can live by without Saudi oil.

is it not because of petro dollars?
all the oil is traded in dollars and that keeps dollar above all the other currencies, or the oil trade keeps dollar afloat.
True?

 

[Azeri440]

Lol. Its relevance is quite clear. The low oil price is making both Saudi Arabia and Azerbaijan bankrupt. And I quoted CNN. You quoted the "finance minister" on a random website. Try harder next time.

How is that relevant to what I said about Saudi market share?

Azerbaijan has a deficit of 2-3% so your bankrupt statement has no basis and random website is Headlines | EurasiaNet.org

you can search up "Azerbaijan denies IMF loan" and make yourself feel better.

 

[Irfan Baloch]

These figures are not actual, last ten years working in oil and gas field (UAE) brother reality is bit different KSA have the ability to crush the market and control the prices believe me and US is quite dependent on Saudi oil, all of their military expeditions dependent on Saudi oil. Big game changer is Iran, if all the sanctions lifted on oil trade Saudis will lose its dominance.

Saudis drop prices o the American signal both work together
Their partnership is on mutual interest and isral has no issue actually animosity towards Iran brings them closer. Israel will ensure America never dump KSA for Iran which has a tug of war between reformists and revolutionary clergy that calls the shots
T

 

[VCheng]

is it not because of petro dollars?
all the oil is traded in dollars and that keeps dollar above all the other currencies, or the oil trade keeps dollar afloat.
True?

Oil is denominated in dollars because the USD is the world's reserve currency, not the other way around. The dollar's status comes from its free convertibility and faith in USA itself.

 

[Daneshmand]

is it not because of petro dollars?
all the oil is traded in dollars and that keeps dollar above all the other currencies, or the oil trade keeps dollar afloat.
True?

Not exactly. The idea of petrodollar keeping US dollars afloat borders more on conspiracy than on reality. US dollar remains afloat because of other factors. Very strong factors.

But US has certainly used Saudi Arabia throughout for the purpose of providing energy security to its friends. That has caused huge problems for the world and it is now time to abandon this policy:

 

[Maarkhoor]

Saudis drop prices o the American signal both work together
Their partnership is on mutual interest and isral has no issue actually animosity towards Iran brings them closer. Israel will ensure America never dump KSA for Iran which has a tug of war between reformists and revolutionary clergy that calls the shots
T

absolutely correct KSA dominating the M.E oil trade.....KSA tries to crush rest of the M.E oil producing countries by lowering the price and increasing the production, they have 350 billion in reserves. Lets see how long they dominate the field.

 

[Daneshmand]

a tug of war between reformists and revolutionary clergy that calls the shots

That is called politics, by the way.

absolutely correct KSA dominating the M.E oil trade.....KSA tries to crush rest of the M.E oil producing countries by lowering the price and increasing the production, they have 350 billion in reserves. Lets see how long they dominate the field.

Time will tell. For now, IMF and World Bank are saying, Saudis will go bankrupt. Not Iran. Not UAE. Not Kuwait. Not Qatar. Not Russia. Not Oman. Only Saudis.

 

[Penguin]

Underlying questions: if the US dumps the Saudi's, then who will the Saudi's turn to as a replacement and how would that affect world, regional and US interests? Leaving a vacuum could be dangerous.

 

[Chinese-Dragon]

Maybe it's time for Saudi Arabia to dump America?

 

[Daneshmand]

Maybe it's time for Saudi Arabia to dump America?

How can a puppet drop its puppeteer? An 'ontology' of Iran-Saudi "rivalry": From Churchill's snobbish sneeze to Abdullah's fear of snakes

In other news, US is pushing Saudis to commit troops towards fighting Isis in Syria. Just last year, Saudis were on a worldwide hunt to shop for some cannon-fodders to be used for Saudi objectives. Today, Saudis themselves are becoming the cannon-fodders of US. What an irony!

 

[Audio]

If Iranians truly believe US will drop KSA with no view on the long term consequences, they are dreaming. Leaving Iran as default most powerful country in the region? LOL....how fucking stupid can you be to believe that....analists, yo!

 

[Daneshmand]

If Iranians truly believe US will drop KSA with no view on the long term consequences, they are dreaming. Leaving Iran as default most powerful country in the region? LOL....how fucking stupid can you be to believe that....analists, yo!

Not at all. It is the same thing that Nixon did with China. It was beneficial for both of them and this is what can be done here. There is no place for permanent hatred in realpolitik.

Or else, you will have to deal with Mr Putin: How President Putin is getting what he wants in Syria - BBC News

US has exhausted its choices in middle east. It is now either a rapprochement with Iran or strategic melt down and absolute loss of influence to nowhere for US.

 

[Audio]

Not at all. It is the same thing that Nixon did with China. It was beneficial for both of them and this is what can be done here. There is no place for permanent hatred in realpolitik.

Or else, you will have to deal with Mr Putin: How President Putin is getting what he wants in Syria - BBC News

US has exhausted its choices in middle east. It is now either a rapprochement with Iran or strategic melt down and absolute loss of influence to nowhere for US.

Stop dreaming, seriously, you're high on "something"....

It has nothing to do with "permanent hatred" and "realpolitik"....but it has all to do with interests, lobbies behind those interests, strategic objectives and so forth...

The raproachment with Iran had nothing to do with present situation, but is more a reflection of the interest to ween EU from Russian influence in regards to energy imports and leverage that comes with it. Take notes who is signing contracts with Iran nowadays, get clues from that, who was pushing behind the lines for this raproachment.