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We want to be green so we're trying to stop drilling for oil. But we also need oil because our society runs on it. This guy has oil. This guy can therefore do whatever he likes. This is obviously way better than drilling at home.
The United States is the largest producer of oil in the world. We just don't nationalize it. We give it away to foreign owned oil corporations who then gouge us at the pump.
We want to be green so we're trying to stop drilling for oil. But we also need oil because our society runs on it. This guy has oil. This guy can therefore do whatever he likes. This is obviously way better than drilling at home.
America runs a close import/export balance now for oil. Please stop repeating twitter talking points until they become truth. https://www.eia.gov/petroleum/
The US benefits when oil prices increase. If you want to speculate on the geopolitical reasons for this action, it could be to help the allies of the US by driving oil prices down through OPEC production plans. If you want to speculate on the domestic reasons for this, it could be to try to keep gas prices lower at the expense of overall US GDP.
In the end, a brutal dictator gets diplomatic immunity and prestige and the rest of the world averts its eyes to keep its economies well-functioning.
1. https://www.worldometers.info/oil/oil-production-by-country/
2. https://www.eia.gov/energyexplained/oil-and-petroleum-produc...
Well, America’s superpower status rests on being the reserve currency for petroleum imports so, in reality, KSA has America in a vise. The US can’t do anything to antagonise KSA because the direct result will be KSA accepting currencies other than the dollar for petrol, which will lower the global demand for dollars, leading to devaluation of the USD leading to economic calamity. I’m sure MBS, Biden, Trump, Obama, Pu…
https://twitter.com/alwaleed_talal/status/158597522656711065...
Misleading headline by the BBC, as is tradition. He wasn't given anything, it's simply the status quo - whether we like it our not. It's also not a US thing but an international convention: https://www.justsecurity.org/68801/head-of-state-immunity-is...
They are just saying they aren't making a unique exception for this one case that wouldn't normally exist otherwise.
The same happened to Modi, the PM of India, if my memory serves me right. He was banned from entering USA for his deeds, until he turned out to be the head of India. Apparently your only way out is to be the head of your state, if you have done something evil.
" The Supreme Court on Friday dismissed allegations of "larger conspiracy" levelled by Zakia Jafri, widow of Congress leader Ehsan Jafri who was killed in the 2002 Gujarat riots, against former Chief Minister Narendra Modi and over 60 senior state officials.
Inaction or failure of "some officials of one section of the State administration" cannot be the basis to infer a pre-planned criminal conspiracy by the State government, the court held.
The failure of certain officials cannot be inferred as a "State-sponsored crime (violence) against the minority community", the Supreme Court said.
"
https://www.thehindu.com/news/national/2002-gujarat-riots-su... (This is a left-leaning newspaper)
The thing with MBS is there was no independent investigation done by any agency in Saudi.
Misleading headline by the BBC, as is tradition. He wasn't given anything, it's simply the status quo - whether we like it our not. It's also not a US thing but an international convention: https://www.justsecurity.org/68801/head-of-state-immunity-is...
To be clear, the US is the largest oil producer in the world, and is a net exporter of oil.[1][2] (Shale is a large part of that growth in the last decade) The US benefits when oil prices increase. If you want to speculate on the geopolitical reasons for this action, it could be to help the allies of the US by driving oil prices down through OPEC production plans. If you want to speculate on the domestic reasons for…
I’m not sure about that. Generally the US economy benefits from lower oil prices and I think that outweighs any losses incurred by the oil industry. That’s especially relevant now with inflation being such a huge concern.