Saudi Arabia and Ghawar.

Here are some basic facts regarding the Kingdom of Saudi Arabia.

Presently, on average, Saudi Arabia has a lower GNP per capita than Sourth Korea.
Further, most of the wealth is appropriated by the 30,000 princes. That means the
average for ordinary citizens is much less than it would seem.

Presently the Ghawar field produces 4.5 million barrels a day. It has produced 55 out of a possible 60 billion barrels. That means there is 1,100 days left in the field at
current rates of production.


Further, they use bottle brush drilling, a kind of “super straw” to suck the oil out of the field. When the water level reaches the drilled pipes, production drops 90% in a month. That is what happened in Oman and that is what will happen here. so, put it together. If in 1,100 days, production drops 90%, Saudi oil production drops almost 40%. IN ONE MONTH. That means that there is even less to go around. Result, an upheavel in the House of Saud, to say the least. Less politely, revolution, when 20 million Saudis come to grips with the fact that 30,000 princes have taken everything. And little is left. They can go one of two ways. They can modernize and become a productive, industrious, positve force, or They can go radical, as a country. Swords swinging in the streets, as the 30,000 princes pay for 70 years of indulgence; and the populace resorting to fundamentalist Islam to explain away their sudden diminution in world affairs. Kind of interesting, isn’t it, when you put it together. whiskeyandgunpowder