The US continues to intensify its bumbling idiocy status on the world stage.

Out of the old and long ago discredited Obama policy of Iranian appeasement, Biden will sink himself, that’s a positive.
Israel is more aligned now with the Saudis, that’s good.
And a replacement for the failed two state solution dies a death, replaced with a workable Saudi model, that’s good.

The re-election of Benjamin Netanyahu is a direct consequence of Biden/Obama treacherous Iranian policies opposed to Israelis very survival.

Under the nose of the US Iranian appeasement, and the lifting of sanctions, China now has access to Iranian oil at discount prices, and Russia /China beaver away building and advising on installation of nuclear infrastructure, and modernising Iranian weapons technology.

We in Australia should take note of these outcomes and tread very carefully on any dealings with current US administration.

Dan

"The prevailing notion is that the Saudis need the US much more than the reverse, which presumably puts the US in a position to make demands on Riyadh rather than work closely as allies with a shared geostrategic interest."

Maybe there's a much bigger problem, and that is the attitude of the United States towards other countries.
- The attitude of arrogance that lead to that false belief.

Saudi Arabia signed a military agreement with Russia.
http://www.rferl.org/a/saudi-russia-arms-weapons-/31425164.html

Saudi Arabia plans to join BRICS, and the moment it does it will be the game over for the Petrodollar, as China will insist on payment of oil in yuan.
The US is merely just a house of cards now, which is why they're so desperate to re-industrialise America to try to match their rival China, that they're welling to blow up their allies energy pipelines and the source of their wealth to try to save itself.

The plan was to put Hillary into the Oval Office in 2016, and have her create a crisis in Russia to overthrow Putin, and then carve up and rape the country's wealth with the help of US companies.
- That plan failed when Trump became President, and your 'rule the entire world' plan has been in the toilet leaving you lot on the back foot ever since.

BRICS are creating a new world reserve currency, and a multipolar world built on mutual respect towards others, not the threats bullying and coercion the US model is built on.

Saudi Arabia Shocked the World! Future with China not USA
http://youtu.be/91kwxb4hA8U

Also MBS hates Biden, so there's that too.

The Saudi's will be bankrupt within 15 to 20 years as EV's get taken up and the world moves to hydrogen airlines and alternative airline fuels. The geopolitics of this will be *very* interesting, as we won't have to help hold up a Medieval Monarchy that murders dissenting journalists.

Hey Max Green

Don't be so sure..

International Association of Oil and Gas Producers
"Our Members, upstream operators, service companies, and industry associations operate around the globe, supplying over 40% of the world’s oil and gas demand."

"Whether as a fuel or a feedstock: oil is an integral part of your daily life. According to the International Energy Agency (IEA), it’s likely to remain so for decades to come, even as the world embarks on a low carbon pathway to help meet climate change commitments. The IEA expects demand for oil to grow to 103.5 million barrels of oil per day (mb/d) in 2040, compared to 92.5 mb/d in 2015 – an increase of 11%."
http://www.iogp.org/workstreams/advocacy/oil-in-everyday-life/

http://www.iogp.org/wp-content/uploads/2017/07/Oils-Many-Uses-ENG.pdf

Vehicle use in India is increasing and has more than doubled from 142 million to 296 million cars in the last 11 years
http://www.statista.com/statistics/664729/total-number-of-vehicles-india/

China is similar.
If China reaches the motorization rate of the EU by 2050, there will be 500 million more vehicles, equal to the current total number of vehicles in the US and EU combined.
http://blogs.worldbank.org/transport/500-million-vehicle-question-what-will-it-take-china-decarbonize-transport

I think oil for plastics and shipping and airlines is going to be the hardest to replace. But in 5 to 10 years EV's will be so much cheaper than ICE cars that ICE will just go the way of Betamax video and Kodak film. See, EV's are on the same cost-curve reduction that solar panels and fermented food products are. Did you know fermented foods have come down 100,000 fold in the last 20 years? That makes Moore's Law for computers look like a snail!