[Editors Note: Dear Folks, This is a must read for a one stop primer on the history of the big oil boys. If you are busy when you come here, just save the link to read when you do have the time, as there is a lot to absorb here. For those of us finding it harder and harder to read books anymore, it is great to have someone like the Hendersons giving us these big spoonfuls at a time…Jim W. Dean]
Monday, January 7th, 2013, by Dean Henderson
With 261 billion barrels of crude oil lying beneath its soil, Saudi Arabia remains the lynchpin in the international oil grab presided over by the Four Horsemen.
As Joseph Story, Middle East analyst and former ARAMCO executive once said, “Only one factor is involved in where the price of oil is going to go, and that is Saudi Arabia”.