Are Saudi Oil Supplies Safe And Secure? (Commentary)

Saudi Oil Supplies Are Safe And Secure -- CNN

Riyadh, Saudi Arabia (CNN) -- In recent weeks, the Western media provided a sensationalist run-up to the so-called "Day of Rage" in Saudi Arabia -- citing a Facebook campaign as evidence that the kingdom would be engulfed in the same turmoil that has swept the Arab world. As we now know, this uprising was a chimera of the press.

We are now facing another, more dangerous illusion: the vulnerability of Saudi Arabia's energy infrastructure. In recent weeks some pundits, oil traders and journalists have peddled a deceptive assessment of the threats facing the kingdom's ability to supply oil to the world, and this fear-mongering has had very real consequences, driving the price of oil to irrational heights, adding skittishness to the markets and threatening the nascent global economic recovery.

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My Comment: I disagree with this author's assessment that it is the western press who are the only ones who are concerned about the stability of Saudi Arabia .... the fact is that some within the Saudi establishment itself are also concerned about recent trends and developments in the Middle East.

What is my take .... if Shiite minority demands are not accommodated as well as the needs of the young to have some form of progress in reforming the system ..... unrest and instability will be the end result for Saudi Arabia whether it is next week, next month, next year, or a few years down the road.