When America Becomes Not Relevant, When Oil Becomes Less Relevant

 First a brief video. The Saudis are really thumbing their noses at the United States. This can be very dangerous to the health of the Saudi leaders. They can get "regime changed". The British are very good at that sort of thing.

 

 

The other matter is the price of oil itself. Despite the sanctions against Russia, these threats to cut off oil, the reduction in OPEC oil production etc the price of oil is still jittery - it 'crashed' a little yesterday.

The past two weeks oil prices have been 'crashing', from  just above US$80 to above US$65 per barrel yesterday.

This is despite the war in Ukraine and all the silly sanctions.  

So the Americans resorting to making threats about sanctioning oil exports from Saudi Arabia does not hold much water. The Saudis making counter threats also is of not much use. The world oil markets go their own way.

But it is a loss of face for the world class bully the USA. Even the ragheads dont care too much about the USA. How will the Yanks react? 

"Should we just shoot them damn sand-niggers?"

"Go ahead, make my day"

British are very good at that sort of thing

The views expressed are those of the writer and do not necessarily reflect those of MMKtT.