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Re:Oil plunges below zero for first time with May contract e... by lonelappde on Monday April 20, 2020 @10:54AM (#22924307)
Does the Saudi kleptocracy have any reason to distrust the US klpetocracy? After 9/11/2001 the US was quite loyal in a difficulty time.
Re:Oil plunges below zero for first time with May contract e... by fmajid on Monday April 20, 2020 @10:59AM (#22924374)
The Saud were still in power. If they lost power, all bets are off. It’s certainly not their sterling moral character that gets them so many free passes today.
Re:Oil plunges below zero for first time with May contract e... by chasd00 on Monday April 20, 2020 @12:57PM (#22925750)
Without a stable government in SA the Middle East would be even more chaotic than it is now. I think that's why after 9/11 a priority was made to keep the SA monarchy stable and in power.
Re:Oil plunges below zero for first time with May contract e... by y-c-o-m-b on Monday April 20, 2020 @04:01PM (#22927873)
If that were true, wouldn't it be counterproductive to destabilize the rest of the region (Afghanistan, Iraq, Iran, Libya to name a few) at the same time? I think the stability or instability of the Middle East is a function of how the US leaches resources off of it; in that if destabilizing the region gives U.S. interests more $$$, then so be it, chaos be damned.