Today on Uncommon Knowledge, Victor Hanson and Peter Berkowitz explain Saudi behavior and how they get away with it.
Peter Berkowitz: …this is not just a matter of how much money they accumulate and our dependence on their nearly 25% of the world’s proven oil reserves. The international economy grinds to a halt if the flow of Saudi oil stops. That means China, that means India, that means Japan, that means Europe. It’s not because 17% or so of our energy comes from there. It’s because Saudi Arabia holds the world hostage.






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