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Well Biden did say he was going to direct companies to increase semiconductor production. He says critical components need to be identified as a national securi

by ianai 6y ago

Well Biden did say he was going to direct companies to increase semiconductor production. He says critical components need to be identified as a national security concern. A similar effort could be introduced here. Identify what Arabia provides that’s so critical and introduce alternatives as a national security effort.

chmod775 6y ago
> Identify what Arabia provides that’s so critical Lots of oil. And money. Mostly oil.
- Monroe13 6y ago
  Worth noting that earlier this year US imports of Saudi Oil hit zero. Granted it was just for one week but certainly reflective of the broader trend. Source: https://www.bloomberg.com/news/articles/2021-01-06/saudi-oil-exports-to-u-s-at-zero-for-first-time-in-35-years https://www.bloomberg.com/news/articles/2021-01-06/saudi-oil...
  - baybal2 6y ago
    US was never really dependent on Saudi oil, and US governments knew it. Even before the shale oil, US had no problem to expand its oil production to match its own consumption. What prevented US oil industry to just work was a very strange regulatory framework where it was both shielded from competition, and prevented from expanding, keeping it in subservient role as a supplier to US strategic petroleum reserve. For all intents, and purposes the US legislation only benefitted Saudi interests after 1975.
    - bobthepanda 6y ago
      US policy in the Middle East is not necessarily about the fact that we get our imports directly from there, but to keep price stability for the global price of oil, which is still something we pay even if we don’t pay SA and friends directly. Now that we have shale, it seems like this policy is less worth it.
- the-dude 6y ago
  An enemy.
ianhawes 6y ago
In the context of tech, KSA has a massive amount of wealth that they’re trying to diversify into other sectors to avoid civil unrest over the next 50 years when oil usage is decreased. So, don’t take VC money funded by KSA? It’s not that simple. You may never know where the money you’re accepting is coming from. While I find the actions of MBS and the assassination to be morally reprehensible, you should be aware that the US has a storied history of extrajudicial assassinations. Further, dissidents who have spoken out against the government in the form of leaking of classified information are routinely jailed for 20 years, which is IMO akin to a death sentence.
- matthewdgreen 6y ago
  The fact that something is hard to do doesn’t mean that it’s impossible, or that a good faith effort shouldn’t be made. Nor does it mean that those efforts won’t have some deterrent effect that reduces bad behavior in the future.

by ianai 6y ago

chmod775 6y ago

> Identify what Arabia provides that’s so critical Lots of oil. And money. Mostly oil.

Monroe13 6y ago
Worth noting that earlier this year US imports of Saudi Oil hit zero. Granted it was just for one week but certainly reflective of the broader trend. Source: https://www.bloomberg.com/news/articles/2021-01-06/saudi-oil-exports-to-u-s-at-zero-for-first-time-in-35-years https://www.bloomberg.com/news/articles/2021-01-06/saudi-oil...
- baybal2 6y ago
  US was never really dependent on Saudi oil, and US governments knew it. Even before the shale oil, US had no problem to expand its oil production to match its own consumption. What prevented US oil industry to just work was a very strange regulatory framework where it was both shielded from competition, and prevented from expanding, keeping it in subservient role as a supplier to US strategic petroleum reserve. For all intents, and purposes the US legislation only benefitted Saudi interests after 1975.
  - bobthepanda 6y ago
    US policy in the Middle East is not necessarily about the fact that we get our imports directly from there, but to keep price stability for the global price of oil, which is still something we pay even if we don’t pay SA and friends directly. Now that we have shale, it seems like this policy is less worth it.
the-dude 6y ago
An enemy.

ianhawes 6y ago

In the context of tech, KSA has a massive amount of wealth that they’re trying to diversify into other sectors to avoid civil unrest over the next 50 years when oil usage is decreased. So, don’t take VC money funded by KSA? It’s not that simple. You may never know where the money you’re accepting is coming from. While I find the actions of MBS and the assassination to be morally reprehensible, you should be aware that the US has a storied history of extrajudicial assassinations. Further, dissidents who have spoken out against the government in the form of leaking of classified information are routinely jailed for 20 years, which is IMO akin to a death sentence.

matthewdgreen 6y ago
The fact that something is hard to do doesn’t mean that it’s impossible, or that a good faith effort shouldn’t be made. Nor does it mean that those efforts won’t have some deterrent effect that reduces bad behavior in the future.