Friday, 25 October 2013

The REAL Reason for Saudi Arabia’s Shift Away from U.S.

Worth reading including the links and then it all makes sense. Americas pending collapse sees major influence change. 



  • China Has Just Surpassed the U.S. As World’s Largest Importer of Oil


Washington's Blog
24 October 2013

Here’s the real reason: China just dethroned the U.S. as the world’s largest importer of oil.

As Oil Price notes:

Last month the world witnessed a paradigm shift: China surpassed the United States as the world’s largest consumer of foreign oil, importing 6.3 million barrels per day compared to the United States’ 6.24 million. This trend is likely to continue and this gap islikely to grow, according to the EIA’s October short-term energy outlook. Wood Mackenzie, a leading global energy consultancy, echoed this prediction, estimatingChinese oil imports will rise to 9.2 million barrels per day (70% of total demand) by 2020.

Forget Syria, Iran and Bahrain … the stated reasons for the Saudi shift.

Those are all real … but the much bigger driver is oil. Indeed, most geopolitical policy is based upon oil (and here) and gas.


original article found here

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