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It's a political thing. Oil is a fungible resource. Saudi Arabia helps control the market. US doesn't want to lose that power by pissing them off. As oil goes,
by zyxzkz 10y ago
It's a political thing. Oil is a fungible resource. Saudi Arabia helps control the market. US doesn't want to lose that power by pissing them off.
As oil goes, so goes the world.
- refurb 10y agoUS fracking pissed Saudi Arabia off big time. The gov't didn't seem to mind.