Saudi Irrelevancy Watch

The Aussies find shale oil.  This is not the end of Saudi Arabia but it should shrink their net worth over time.  They are not particularly astute investors so one can only hope that they lose their money and power.  Nothing would please me more than to see a Ferrari being pulled by two camels.  … Continue reading Saudi Irrelevancy Watch

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Foward!

This is the kind of progress I like to see: This is the beginning of a trend. The American energy boom is already changing Saudi thinking regarding its own oil reserves, and OPEC’s influence is in an even more advanced stage of decline. It can't happen fast enough for me.  I don't like the Saudi … Continue reading Foward!