The Saudis Have a High-Stakes Plan to Win the Global Oil War
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Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#2Who is that moron that wrote the article? Byzantine art of diplomacy? Saudia Arabia never existed when the Byzantines did! Also the Byzantines weren't known for their diplomacy.
It's like saying the prussians enagaged in Catholic meditative sessions.
Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#3Saudi Arabia has shifted away from thinking like manufacturers to thinking like investors. Oil doesn’t matter to them - it does now, but it doesn’t psychologically. Wealth is what matters.
Oil is still their golden goose - their special “10x” or “unicorn” status sauce. If the forecast for long-term global oil demand is losing steam in light of desires to shift away from fossil fuels, then perhaps sooner is the best time to sell those assets to accumulate wealth to save and invest in other areas to grow more wealth (ex. Vision Fund).
IMO - the price war is a short game to fund pivots into different long games - and as we all know, starting out with wealth to fund that is a nice situation to have.
Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#4Who is that moron that wrote the article? Byzantine art of diplomacy? Saudia Arabia never existed when the Byzantines did! Also the Byzantines weren't known for their diplomacy. It's like saying the prussians enagaged in Catholic meditative sessions.
Byzantines were in fact well known for their diplomacy.
Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#5Who is that moron that wrote the article? Byzantine art of diplomacy? Saudia Arabia never existed when the Byzantines did! Also the Byzantines weren't known for their diplomacy. It's like saying the prussians enagaged in Catholic meditative sessions.
If you're not a fluent English language speaker, you might want to look at a dictionary before calling people morons.
In addition to its original definition as "what the Eastern Roman Empire morphed into", it also means: "excessively convoluted" "highly complex, intricate, and devious". These other definitions unsurprisingly are based on what English language speakers thought of the Byzantines..
Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#6Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#7Who is that moron that wrote the article? Byzantine art of diplomacy? Saudia Arabia never existed when the Byzantines did! Also the Byzantines weren't known for their diplomacy. It's like saying the prussians enagaged in Catholic meditative sessions.
Byzantines were in fact well known for their diplomacy.
heh, seems so https://en.m.wikipedia.org/wiki/Byzantine_diplomacy
Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#8I don't get it.
It is estimated that below 50$/barrel Saudi Arabia is basically pushing wealth out of their country. (Balance of payment in negative, it is right?.)
And below 80$/barrel they are running the country at a deficit.
They are now selling to 30$/barrel.
What is the strategy here? Push all "high-tech" producers out of the market and shut up the price again? How long can they last? And how much it will cost?
Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#9I don't get it. It is estimated that below 50$/barrel Saudi Arabia is basically pushing wealth out of their country. (Balance of payment in negative, it is right?.) And below 80$/barrel they are running the country at a deficit. They are now selling to 30$/barrel. What is the strategy here? Push all "high-tech" producers out of the market and shut up the price again? How long can they last? And how much it will cost?
Bankrupt the fracking companies in America and deprive Russia of money so they can’t effectuate greater sphere of influence in the Middle East through Syria/Iran.
It’s a temporary measure for sure but obviously they felt it necessary,
Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#10http://archive.is/yevdh
dead link