A Quote by Jay Inslee
If we had continued making progress at the rate we were during the Carter administration, we would be free of oil imports from Saudi Arabia today.
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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 is, of course, the keystone of OPEC. Saudi Arabia has had the distinction of remaining stable through all the escalating tumult of recent decades, reliably pumping out its roughly 10 million barrels a day like Bossy the cow in America's oil import barn.
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.
Saudi Arabia is the bulwark of our relationship, especially when it comes to Iran, and without the partnership of Saudi Arabia and our other Gulf allies, we would not be able to have the maximum economic pressure campaign that we have.
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.
Look, I don't think President Obama would have bowed to the ruler of Saudi Arabia if he didn't have oil to the degree that the Saudis do. I think they and other producing states, almost all of whom, except Norway and Canada, are dictatorships or autocratic systems, have thrown their weight around because of oil.
Today, the government of a free Afghanistan is fighting terror, Pakistan is capturing terrorist leaders, Saudi Arabia is making raids and arrests, Libya is dismantling its weapons programs, the army of a free Iraq is fighting for freedom, and more than three-quarters of al-Qaida's key members and associates have been detained or killed. We have led, many have joined, and America and the world are safer.
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.
Allowing an independent and sovereign Iraq could be a nightmare for the United States. It would mean that it would be Shi'ite-dominated, at least if it's minimally democratic. It would continue to improve relations with Iran, just what the United States doesn't want to see. And beyond that, right across the border in Saudi Arabia where most of Saudi oil is, there happens to be a large Shi'ite population, probably a majority.
Today President Obama is in the Middle East. He met the new king of Saudi Arabia. Obama also met Saudi Arabia's first lady, the second lady, third lady, and fourth lady.
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.
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?
But the key thing is that Iraq, while it's got very large oil reserves, has marginalized itself as an oil exporter and these days its exports are only about one tenth that of neighboring Saudi Arabia.
I move countries every three or four years. I was born in London, and we lived in Canada. Then we lived in Saudi Arabia until the Gulf War broke out, when we were forced to leave. Then we hop-scotched for a while from Holland back to Canada back to Saudi Arabia. Then there was D-day, so we had to get out again.
We have developed a case of oil addiction in Saudi Arabia.
My family moved to Saudi Arabia from Glasgow when I was 15. Being a 15-year-old girl anywhere is difficult - all those hormones and everything - but being a 15-year-old girl in Saudi Arabia... it was like someone had turned the light off in my head. I could not get a grasp on why women were treated like this.
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