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The oil industry killed Khashoggi

General discussions of the systemic, societal and civilisational effects of depletion.

Re: The oil industry killed Khashoggi

Unread postby KaiserJeep » Sat 27 Oct 2018, 14:47:51

Of course, what Pete is not telling you is that murder is endemic in Arab culture. Even the word "assassin" was derived in the 11th century from a despised group of "Hashishin" which literally means "hashish eaters". It was the 11th century version of a meth head.

Come to think of it, after pot got legalized, there are probably quite a few potential Hashishin up behind the Redwood Curtain. Hopefully, Pete's not among their number. (No offense intended, buddy.)
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Re: The oil industry killed Khashoggi

Unread postby onlooker » Sat 27 Oct 2018, 14:49:59

It seemx thatthe intrigue in KSA is multilayered and deep. MBS, in fact is betraying US govt/corporate interests by NOT opening up to privatizing of Saufi assets as he seemed to have promised. Read all about it

The real reasons the knives are out for MBS

https://www.mintpressnews.com/the-real- ... w.facebook
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Re: The oil industry killed Khashoggi

Unread postby pstarr » Sat 27 Oct 2018, 15:02:32

KaiserJeep wrote:Of course, what Pete is not telling you is that murder is endemic in Arab culture. Even the word "assassin" was derived in the 11th century from a despised group of "Hashishin" which literally means "hashish eaters". It was the 11th century version of a meth head.

Murder is also endemic in the American culture. But we don't send out death squads to kill our own citizens. We leave that to the Saudi's. To kill our own citizens. :shock:

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Re: The oil industry killed Khashoggi

Unread postby pstarr » Sat 27 Oct 2018, 19:02:41

onlooker wrote:It seemx thatthe intrigue in KSA is multilayered and deep. MBS, in fact is betraying US govt/corporate interests by NOT opening up to privatizing of Saufi assets as he seemed to have promised. Read all about it

The real reasons the knives are out for MBS

https://www.mintpressnews.com/the-real- ... w.facebook

Should make for an interesting read. Can you sum it?

Deep intrigue in the Dark State :?
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Re: The oil industry killed Khashoggi

Unread postby evilgenius » Sun 28 Oct 2018, 12:20:45

We're not allowed to know what the Saudi's position is in terms of peaking, but one thing is certain, they got totally whacked when America entered into the last recession. They got used to selling oil at such a high price that they built an infrastructure around it. Then oil prices collapsed. Now they have to continue to meet the expectations of that infrastructure. They thought they could do it by selling an interest in Aramco. As it's gone along I think they've realized that won't cut it. They may not be able to over supply and make money in volume like they once could, but that doesn't mean they have peaked. It only means the world has grown beyond that.

They bailed on the IPO because they realized they could bail on it in the face of rising US interest rates. They only had to stall long enough for the initial Trump euphoria to run its course. Then they could rely upon the Fed. Rates had to go up at some point. The rising rates will cut US production. It won't go down right away, but the Saudis can wait it out. When the time comes, they'll reintroduce the concept of selling off an interest in Aramco. In the meantime, with coveted dollars flowing into the country they should be fine, once the pump is actually primed. They won't have soiled the bed because they never slept in it. And it should be a good thing for the offering that it was touted once before and the reception for it was at least lukewarm.

They are not going to share power. They are not going to engage in a democratic experiment. They won't even do it if their safety is guaranteed. So, the largess from oil revenue is their only way of maintaining peace. They're staking a lot on the US not entering into another big recession, but only a controlled one out of which it recovers, then lowering the dollar and re-engaging the rest of the world, and can pay higher oil prices once again. I'm guessing the margins are actually pretty thin. If they get it wrong there probably will be a revolution. But this one wouldn't have anything to do with Iran. It would be an entirely Sunni led revolt. Just think of all of the terrible forces, like ISIS, that the Saudis have unleashed upon others, only now set loose domestically.

Just think of what could happen if the US does fall into a bad recession. The Saudi monarchy could go down. Whatever takes its place probably would still deal with the US, but would most likely harbor ill will toward it. The US could find itself on the outs with the entire region.
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Re: The oil industry killed Khashoggi

Unread postby pstarr » Wed 31 Oct 2018, 15:26:23

Well it's pretty clear now that the goal of the whole Khashoggi propaganda campaign was to oust MBS. He ticked someone off.

Now the CIA is sending in the coup team. Probably they made an offer to the king but he refused it and backed MBS still. That means it's time for a coup to be imminent.

More meddling in a foreign country, but at least these guys really deserve it.


Saudi Coup "Imminent" As Crown Prince's Uncle Arrives To Oust "Toxic" Mbs

Khashoggi uncovered the post-peak truth. MBS revealed it. MBS was taking the KSA over to the petro yuan.
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Re: The oil industry killed Khashoggi

Unread postby pstarr » Thu 01 Nov 2018, 10:12:37

onlooker wrote:It seemx thatthe intrigue in KSA is multilayered and deep. MBS, in fact is betraying US govt/corporate interests by NOT opening up to privatizing of Saufi assets as he seemed to have promised. Read all about it

The real reasons the knives are out for MBS

https://www.mintpressnews.com/the-real- ... w.facebook

Quite a read. All explained
Far beyond the cancellation of the IPO itself — MBS has endangered other parts of the plan that these powerful financial interests had been counting on for well over a year. That includes Vision 2030’s plan to increase the Saudi Public Investment Fund (PIF) — which is managed by a group of HSBC and Bank of America directors and a CitiGroup investment banking alumnus — from its current $230 billion in assets to a massive $2 trillion. The dramatic increase in the fund’s size would make the PIF the largest sovereign wealth fund in the world. Without that injection of cash into the PIF from the Aramco IPO, media reports have warned of a “ripple effect” on the U.S. economy, including massive U.S. tech companies like Uber, given that the PIF has invested heavily in such companies.


HSBC recently called peak oil NOW.
https://www.youtube.com/watch?v=7KfVJBNX2U4
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Re: The oil industry killed Khashoggi

Unread postby charmcitysking » Thu 01 Nov 2018, 12:57:25

onlooker wrote:It seemx thatthe intrigue in KSA is multilayered and deep. MBS, in fact is betraying US govt/corporate interests by NOT opening up to privatizing of Saufi assets as he seemed to have promised. Read all about it

The real reasons the knives are out for MBS

https://www.mintpressnews.com/the-real- ... w.facebook


Thanks for that link OL. Really good piece
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Re: The oil industry killed Khashoggi

Unread postby onlooker » Thu 01 Nov 2018, 13:04:00

charmcitysking wrote:
onlooker wrote:It seemx thatthe intrigue in KSA is multilayered and deep. MBS, in fact is betraying US govt/corporate interests by NOT opening up to privatizing of Saufi assets as he seemed to have promised. Read all about it

The real reasons the knives are out for MBS

https://www.mintpressnews.com/the-real- ... w.facebook


Thanks for that link OL. Really good piece

Sorry about the typos :razz:
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Re: The oil industry killed Khashoggi

Unread postby onlooker » Fri 02 Nov 2018, 08:01:00

https://www.zerohedge.com/news/2018-10- ... -toxic-mbs
"The youngest brother of Saudi Arabia’s King Salman has returned from self-imposed exile to “challenge” Crown Prince Mohammed bin Salman (MbS) “or find someone who can,” reports the Middle East Eye."
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Re: The oil industry killed Khashoggi

Unread postby Cog » Fri 02 Nov 2018, 09:40:56

onlooker wrote:https://www.zerohedge.com/news/2018-10-31/crown-princes-uncle-returns-saudi-arabia-oust-toxic-mbs
"The youngest brother of Saudi Arabia’s King Salman has returned from self-imposed exile to “challenge” Crown Prince Mohammed bin Salman (MbS) “or find someone who can,” reports the Middle East Eye."


No where in the article does it say that he had returned to Saudi Arabia. He is in exile in the UK. He has returned to the spotlight of news, but not to Saudi Arabia.

Crown Prince Salman isn't going anywhere, much to the rage and chagrin of those who want him out.
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