As we celebrate here in America a little relief at the gas pumps and the oil boom in North Dakota and Texas, look at what is taking place in Saudi Arabia: PS: Let’s see now if the Republicans can get the Keystone pipeline built! The fall of crude oil prices below $80 a barrel proves Saudi Arabia’s reliance
on petroleum revenue is “dangerous”, billionaire Prince Alwaleed bin Talal said
on Tuesday. Saudi Arabia said in June it was preparing to launch its first
sovereign wealth fund.
