A Quote by Fatih Birol
If production does not increase in Iraq in an exponential way between now and 2015, we have a very big problem, even if Saudi Arabia meets its obligations. The figures are very simple, you do not need to be an expert. It is enough to know how to do a subtraction. China will grow very quickly, India also, and even Saudi Arabia projections of the 3 Mb/day will not be enough to meet the rise of Chinese demand.
Related Quotes
Saudi Arabia has stability. The social contract and the political contract between the king and the rulers and the royal family and the ruled people in Saudi Arabia is very strong and the bondage is so solid.
Japan, Germany, South Korea, these are very rich, powerful countries. Saudi Arabia, nothing but money. We Americans protect Saudi Arabia. Why aren't they paying?
India considers Saudi Arabia a center of stability in the region. The security and stability of the Gulf region and that of the Indian subcontinent are interlinked. Bilateral security cooperation between India and Saudi Arabia will contribute to regional stability and in addressing the common threat of terrorism in the region.
Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25 years ago), and is likely to go into decline in the very foreseeable future. There is only a small probability that Saudi Arabia will ever deliver the quantities of petroleum that are assigned to it in all the major forecasts of world oil production and consumption.
The big risk in Saudi Arabia is that Ghawar's rate of decline increases to an alarming point. That will set bells ringing all over the oil world because Ghawar underpins Saudi output and Saudi undergirds worldwide production.
Saudi Arabia will have to decide its own path, and I don't know if it will decide a path like any other nation in the region or if it will design something that is unique to Saudi Arabia.
So, I think even in Saudi Arabia there is movement. And we have to remember that over the years they've stabilized the oil price and that is tremendously important for the economies of the world. I think we have no choice but to work with the government of Saudi Arabia.
Americans want to democratise us. OK, but why not go and democratise Saudi Arabia. Are we anything like Saudi Arabia? No, we are far from that. So why aren't they democratising Saudi Arabia? Because they are bastards, but they are their bastards.
In the event of war, probably Saudi Arabia will facilitate some certain logistics to make the operation easier for the United States, but actually, the United States does not need Saudi territories to launch a war against Iraq.
We have accomplished our mission of stopping Iraq's drive to take over Saudi Arabia and the rest of the Middle East. We should begin to reduce our forces in Saudi Arabia, ever so slowly, and look to a more multinational force to keep the peace.
Saudi Arabia has supported Wahhabi madrasas in poor countries in Africa and Asia, exporting extremism and intolerance. Saudi Arabia also exports instability with its brutal war in Yemen, intended to check what it sees as Iranian influence.
Traditionally, all the kings of Saudi Arabia have been sons of the founder of Saudi Arabia, and they've gone from one son to the next.
When Saudi Arabia's war in Yemen erupted in March 2015, there was widespread Saudi popular support for it - including by me.
Very few people are fortunate enough to walk through countries like Iran, Iraq, Syria, Lebanon, Jordan, and Saudi Arabia, and I had seen them all. I had spoken to many on the street.
It's very simple ; once the Western countries stop supporting those terrorists and making pressure on their puppet countries and client states like Saudi Arabia and Turkey and others, you'll have no problem in Syria. It will be solved easily.
A war between Saudi Arabia and Iran is the beginning of a major catastrophe in the region, and it will reflect very strongly on the rest of the world. For sure, we will not allow any such thing.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist