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Posts Tagged ‘Oil Boom’

America, The Saudi Arabia of Tomorrow

Posted by addisethiopia / አዲስ ኢትዮጵያ on January 20, 2013

My note: Less money for the Saudis more chance for justice; this is music to Ethiopian ears.

USaudiWe pay a lot of attention to revolutions when they emerge suddenly and violently, but when a transformation arrives gradually and peacefully it’s easy to miss.

Let’s stop for a moment and take a look at a slow-motion development changing the world as we know it: The United States is giving up its addiction to foreign oil.

For decades, we bemoaned the awful toll this addiction has taken. The need for oil and natural gas — much of it from Middle Eastern dictatorships — shaped the foundation of global geopolitics. It created morally questionable alliances and repeatedly placed Washington in a position to choose between its fundamental values and its economic interests. Now all that could change.

Continue reading…

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