12/31/11

An energy disaster looms for Saudi Arabia

Burning Oil to Keep Cool: The Hidden Energy Crisis in Saudi Arabia | Chatham House: Independent thinking on international affairs:

"Domestic energy demand growth in Saudi Arabia is cause for international concern. If it continues at the current rate, it could jeopardize the country's ability to stabilize world oil markets.

Given Saudi Arabia's level of dependence on oil revenues, excessive consumption will cause economic and social pressures long before oil exports end – within a decade if nothing changes."

'via Blog this'

Plus they have just bought tens of billions worth of fuel guzzling warplanes from the world's biggest supplier of death dealing things - that would be US.


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