Saudi Arabia, long the largest supplier of oil to the United States, has cut U.S. sales dramatically and may soon no longer be among the top five largest U.S. suppliers
PakistaniAbroad: Looks like China’s appetite for resources is insatiable right now.. how long before these two powers (US and China .. go stand in the corner if u even thought SA) start actively confronting each other for a share of the planetary resources?
The comforting news is that OTIS and Baker are still the main oil tool suppliers to the Kingdom and the Saudi Oil Industry is “American” made. Unless they want to build it all over again, they should be prepared to buy 2 ¾ inch screw for 200 dollar a piece.
Absolutely PA. Just like Nike logo on Made In China shoes. Do you think that Americans are that dumb that they will be making such expensive screws in Detriot? Pls give credit where it is due.
Here’s what my buddy Matsui told me regarding Saudi OIL. Saudi idiots don't get it. Saudis gets guaranteed volumes and payment repacked in kind in terms of military hardware. When Israel takes over they will have to resort to fighting with Chinese made F-16's. What do you have to say to that? PA.
I say let the invasion begin.. at least that way i can visit and keep my vow of not visiting the place till those damn Saudis in control are overthrown.
A question as i don't the specifics. The Saudis drill the oil and they refine it as well? Or do the 7 sisters refine the oil?
Just to point out crude oil means nothing to a majority of the worlds industries. The refined levels and the various bi-products and end products are what people want. Does saudi do that or do the 7 sisters?