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As y'all know, we have had a long-standing agreement with the Saudis. They act as our oil reserve and accept only dollars from the rest of the world, and we will protect them from external threats. Well, it appears the kingdom is getting tired of the Obama administration not doing more to support the Islamists in Syria. Personally, I think Obama has done too much, but that isn't the point. The point is this:

Upset at President Barack Obama's policies on Iran and Syria, members of Saudi Arabia's ruling family are threatening a rift with the United States that could take the alliance between Washington and the kingdom to its lowest point in years.
Saudi Arabia's intelligence chief is vowing that the kingdom will make a 'major shift' in relations with the United States to protest perceived American inaction over Syria's civil war as well as recent U.S. overtures to Iran, a source close to Saudi policy said on Tuesday.
Prince Bandar bin Sultan told European diplomats that the United States had failed to act effectively against Syrian President Bashar al-Assad and the Israeli-Palestinian conflict, was growing closer to Tehran, and had failed to back Saudi support for Bahrain when it crushed an anti-government revolt in 2011, the source said.


Read more: Saudi Arabia severs diplomatic ties with US over response to conflict in Syria | Mail Online

It goes on to say it is unknown if Prince Bandar's statements have the full backing of the family, but Bandar is a prominent member of the family and carries a whole lot of clout. Plus, considering the younger members of the family have been getting back to their Wahhabi roots, I imagine there is substance to Bandar's words.

The American apple cart is getting even more upset.
 

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We should have learned our lesson from the '70s and found at least a decent backup to Saudi oil. They're mad that we didn't play mercenary for them, fine, too damn bad. It will probably bite us in the ass, but it's better than getting stuck in another Middle Eastern cesspit for another decade.
 

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If this were to escalate to the point of them going off the Petro Dollar it would be good for us long term (force us to return to sounder money policy, free us from being mercenaries for Wahhabi Muslims, thus getting us out of most ME conflicts), it would be devastating in the short term.

No more Petro dollar means we can't force other countries to hold our watered down dollars. They will demand higher interest rates to hold our funny money. We either hyperinflate to keep spending 50% more than tax revenue, or we drastically cut spending and go into depression. At least our young men and women will not be fighting and dying for Saudi princes' whims.
 

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Maybe someone can explain, why do we import oil from the Middle East, export all the oil out of Alaska, handle the export of Canadian oil thru the gulf ports and so far I haven't heard where the oil out of the Dakotas is going. Plus Fox news says we export a million gallons of diesel fuel to the Middle East, etc. (we have the necessary natural gas used in the refining process). So do we really need the Middle East????? Or could it be some kind of a scam to boost the price of petro products?
 

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Maybe someone can explain, why do we import oil from the Middle East, export all the oil out of Alaska, handle the export of Canadian oil thru the gulf ports and so far I haven't heard where the oil out of the Dakotas is going. Plus Fox news says we export a million gallons of diesel fuel to the Middle East, etc. (we have the necessary natural gas used in the refining process). So do we really need the Middle East????? Or could it be some kind of a scam to boost the price of petro products?
Largest part of the equation is - we have the most refining capacity in the world. We import oil, refine it, then send it out oversees. Refinerys are multi-billion dollar, multi decade, investments and no where else has the capacity to turn crude into gas (or other distillates) like we do. A good gig for the US - we should just charge them more because we get very little or no tax revenue from it.
 

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I wouldnt be surprised if its a scam. With the price of gas going down over the last month or so the gas and oil companies need to boost those record sales profits for the last quarter of the year cause you know they will say they are not making any money....:(
 

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The answer to all your questions is this; follow the money. Be it in government or big business, the money will lead you to the answers you seek! Power, control and money are all tied together. American lives are tied to the dollar and that dollar WILL decide who will live or die and who has what to live on, period. Short of an outright revolution, there is nothing that the average man can do to really change his way of life if the government / big business doesn't want it to happen. The vote is a joke IMO, and the outcome of any election is pre determined and the vote count will show the results as needed. The number of voters means nothing, it's all about who counts them and what is released to the public. Voter fraud is nothing compared to what the government does with voter count.
 
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