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AMERICAN OIL 'THREAT' Saudi Investor Warns of US Energy Boom Effects
#1
This is why OHUSSEIN is against fracking and Keystone PPL. And why hes cut drilling over 50% of Fed land.
We know who he's really the Leader of.

http://www.foxnews.mobi/quickPage.html?p...roteus.fma

America's energy boom is putting a scare into Saudi Arabia.

According to the Wall Street Journal, Saudi billionaire Prince Alwaleed bin Talal warned in a letter to Saudi Oil Minister Ali al-Naimi and others that the U.S. boom of shale oil and gas will reduce its thirst for Saudi crude oil.

"With all due respect to your Highness' viewpoint about shale gas and that it poses no danger on Saudi economy at 'the present time,'" read a translation of the letter, dated May 13 but only recently tweeted on a Twitter page previously used by Alwaleed. "I was hoping that your Highness would also shed light and focus on the danger of this matter in the 'not-so-distant future,' especially that America and some Asian countries made big discoveries in shale gas extraction which will affect the oil industry around the world in general and Saudi Arabia in particular"

The prince, who is worth an estimated $20 billion and founded Kingdom Holding, warned that the nation's near total reliance on oil revenues could leave it vulnerable when demand drops due to other nations' domestic production.
"In 4 more OMao years you won't like how America looks....I guarantee it."
“When injustice becomes law, resistance becomes duty.” -- Thomas Jefferson
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#2
Pocketprotector;113001 Wrote:The prince, who is worth an estimated $20 billion and founded Kingdom Holding, warned that the nation's near total reliance on oil revenues could leave it vulnerable when demand drops due to other nations' domestic production.

Have him call one of his jewel encrusted, gold covered super waambulances.
Vampire pig man since September 2012
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