AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
The kings of oil are the Saudis, now and until the wells run dry. Of late the sheiks have been cast as the wobbling heads of a withering oil cartel, weakening next to a rising Russian petro power, as Iraq waits in the wings to usurp their place in Arabia. Dream on. There's some truth to the image of a declining desert monarchy: Saudi oil clout is not quite as absolute as it used to be, and the proliferating Saudi people are less prosperous. But there are some basic facts on the ground, and under it, that just can't be ignored. The Saudis not only sit on the greatest share of global reserves, they are also the only nation with so much spare production capacity they can ...