Saudi Arabia’s Oil Direction

Embed from Getty Images

Saudi Arabia is a hotbed of political activity at the moment. With the dethroning of the former King, the region is awash with a new breed of stars, and we are not talking about his son, the heir to the country’s oil company, recently back from a trip to the United States to meet Barack Obama, and busy fighting Saudi Arabia’s war with Yemen. He is slated to be the last in the throne before the crown passes to no one noteworthy because the succession line here is totally dying – there is no value in the Saudi monarchy in Saudi Arabia anymore, particularly culturally.

Where now?

So, on we go to the new stars and how every reporter in town is amused and impressed with them, in adjectives-form, and how bureaucrats formerly occupied with sleeping at their desks are now more interested in doing the heir to the oil company’s bidding at the ministries – so, remarkable! Some still cannot believe their luck over at Saudi Arabia, because the region is plagued with conflicts, for decades now, so it is so surprising to see the emergence of any star in these dark blue skies.

Connected all-around with civil wars, and states that fail at everything, the price fluctuation of oil business here is heavily-affecting it. Iran, the country’s political adversary is not helping the situation, rather adding to the conflict by riding high on the tidal wave of influence of the Shia secterian impact. Iran seems to be getting wealthier, which is a welcome note because there the sanctions were previously hurting the economy, but there needs to be a greater level of co-operation between the regions, rather than spending all our efforts in uplifting scandals in Kuwait and how it might hurt the oil-rich Saudi Arabia’s borders.

Should we depend on oil or on religion?

The country is native home to the holiest city in Islam, which has acted as such a beacon of progress for it in recent times, alongside of it’s prestigious oil export ties. There is no need to enact confrontational violence with Iran, for Saudi Arabia, in an effort to power the Sunnis in sectarian battles. America is less dependant on Saudi Arabia, than it was once previously because it is witnessing it’s very own shale gas economic benefits, which is making it withdraw it’s dependancy on the Gulf state and learn to depend on themselves.

So, economic progress can be dominated by local resources through sale of oil, and it can also prevent confrontations and rather grow a model that pioneers helping solve your own problems, peacefully. Infrastructure spending is increasing and a welfare state is also being established, so maybe we should closely observe Saudi Arabia for a change to see where it wants to go as an Islamic state.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s