tag:blogger.com,1999:blog-2216751897705338056.post7686842932439580437..comments2023-10-17T03:41:01.759-04:00Comments on reflexiones finales: Many princes all in a linerussell1200http://www.blogger.com/profile/16258915475311426433noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2216751897705338056.post-47700839561217553742014-06-04T15:00:49.530-04:002014-06-04T15:00:49.530-04:00Degringolade: I think you are very much on target...Degringolade: I think you are very much on target.<br /><br />What is worse is that even if Saudi production keeps on target (link at previous post showed it still increasing for a few years), the Saudis still have way to many priests, and much to entitled of a population to keep things going.<br /><br />The silver lining in their case is that they will likely outlast some of the medium-small producers and what output they have will go up in value. Kind of like Russia did by accident.russell1200https://www.blogger.com/profile/16258915475311426433noreply@blogger.comtag:blogger.com,1999:blog-2216751897705338056.post-309699509541053492014-06-01T16:53:14.023-04:002014-06-01T16:53:14.023-04:00I am thinking that being a "Saudi Prince"...I am thinking that being a "Saudi Prince" might not be all that healthy in the none-to-distant future. <br /><br />Gwahar is struggling to maintain production, and they don't have anything else in the wings to replace that flow of oil.<br /><br />They have created a spoiled and demanding populace with a truly fubared theocracy overlay.<br /><br />Lastly, any work that needs to get done is done by foreign workers who are less than impressed with the heavy hand of the Saudi security forces.<br /><br />Things could go south there in a big way. Maybe designating a "Deputy Heir" is a way to add some depth to a system where problems are mounting quicklyDegringoladehttps://www.blogger.com/profile/11893964959960977677noreply@blogger.com