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This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.

Friday, October 25, 2013

The REAL Reason for Saudi Arabia’s Shift Away from U.S. -- By George Washington, Zero Hedge

Saudi Arabia has warned of a shift away from the U.S.

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 is likely to grow, according to the EIA’s October short-term energy outlook. Wood Mackenzie, a leading global energy consultancy, echoed this prediction, estimating Chinese oil imports will rise to 9.2 million barrels per day (70% of total demand) by 2020.
World Liquid Fuels Consumption
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.

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