There’s a lot not to like about the corrupt and totalitarian Saud Arabian regime. Nevertheless, its shift away from the U.S. tells you a lot about where the world is headed. From Christopher LaBorde at theburningplatform.com:
In late 1973 a deal was struck between the US and The Kingdom of Saudi Arabia that changed the future of both nations and the U.S. dollar for the next 50 years. The importance of the deal has been downplayed, and the Biden administration’s near destruction of this deal has almost been outright ignored. However, I have had a front row seat to the sentiment changes I am writing about, and I recommend that the reader consider this political game a concerning matter for the long-term stability of the U.S. dollar. In summary, it appears that the Kingdom of Saudi Arabia is open for new alliances outside of the US that would have never been considered before this time.
The History
In October of 1973, the US, UK, Netherlands, Canada and Japan were the targets of an OPEC oil embargo that increased the price of oil from $3 a barrel to $12 a barrel in a matter of months after they chose to support the Israelis in the Yom Kippur War. In the four years prior, Nixon price ceiling policies had doubled our dependency on foreign oil and 83% of that oil came from the Middle East. To make matters worse, in the three prior decades, US industry and consumers had become drunk on stable cheap energy, built an entire infrastructure and prosperous economy that was dependent on prices remaining low, and had firmly closed the door on any form of alternative energy options (nuclear). The sudden 4-X spike in oil prices over a 3-month period from this embargo created a real shock to the US way of life and threatened to cripple the US economy. OPEC had our attention and its un-official leader, Saudi Arabia, was in a good position to listen to proposals from the US.
Jimmy Carter called the Persian Gulf ours back in 1980.
Stating that military force would be used if needed to secure energy.
Let’s see what the destroyers of the Brandon Long March puppeteer brigade will do.
Whatever it is will be about burning it all down better.
We should have listened to the Founders and never become joined at the hip with all of these nations out for only their own interests while using the USA but we didn’t have any say in muh demockracy anyway.