When I recently visited Professor Robert Weiner at the George Washington University (GW), he was unimpressed by the flurry of speculation about Saudi Arabia’s response to falling global oil prices. Dr. Weiner, the chair of the International Business Department at GW’s School of Business, pointed out that Saudi Arabia doesn’t mind the lower oil prices and … Continue reading
New estimates released Friday, October 4, by the Energy Information Administration (EIA), shows the United States (U.S.) pulling ahead of both Saudi Arabia and Russia in oil and natural gas production in 2013. There’s no doubt that this rise to the top is a result of recent development in a new drilling technique known as fracking, … Continue reading
Last Monday, Saudi Arabia became the first country to be elected to a non-permanent seat on the U.N. Security Council—and then decline the honor. It’s clear that Saudi Arabia, one of America’s closest allies in the region, is expressing its displeasure with U.S. policy in the Middle East. However, the cooling of relations between Washington … Continue reading
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