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US energy boom could doom kingdom's economy
I know some don't like us using certain methods of oil retrieval and some want to use every method possible, but the truth is, unless we do more to power ourselves, we'll continue to help support nations that don't share our values.
“With all due respect to your Highness’ viewpoint about shale gas and that it poses no danger on Saudi economy at ‘the present time,’” read a translation of the letter, dated May 13 but only recently tweeted on a Twitter page previously used by Alwaleed. “I was hoping that your Highness would also shed light and focus on the danger of this matter in the ‘not-so-distant future,’ especially that America and some Asian countries made big discoveries in shale gas extraction which will affect the oil industry around the world in general and Saudi Arabia in particular…"
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