what does saudi arabia do with its oil money?
486849
They spend it on there people....we have good salaries free hospitals free schools free colleges and free scholarships..we dont have to pay taxes .....\nwe get loans with no intrest from the government....so we live well here...we also get about $270 a month just for going to college wich is not bad...free money is always nice....
826891
Well the Iraqis were given a "grant" of 80 billion to rebuild the country etc but to this day it has been delivered to them but never recieved if you know what i mean. And not that i agree with Saddam Hussain ethics but they refined and shipped more oil when he was in power than they do now. about ten times as much.
1126358
Saudi Arabia's King Abdullah is worth an estimated $21 billion\n\nIn second place, with $20 billion, is 59-year-old Sultan Hassanal Bolkiah of Brunei, followed by the president of the United Arab Emirates, Sheik Khalifa bin Zayed al-Nahayan, 58, with $19 billion.
544045
Currency in Saudi Arabia: Saudi riyal (SAR) \n\nHope this helps --\n\n-- Alan
39009
Bu$h Sr, defended the Saudi oil when he defended Kuwait from Iraq. Bu$h Sr. has many Saudi friends and his bussiness is oil. Cheney's bussiness is oil and government contracts to protect oil. Iraq was a Arab problem and the Saudis got Bu$h Sr. and Jr. to solve there problem. The Saudis also got the American tax payers to pay for solving a Arab problem. We need to mind our own bussiness and American tax payers have no business engaged in nation Building. Not one more American should give his life to Nation build in Iraq.
251487
I do agree.  The presence of oil in the middle east has propped up medieval autocratic governments that would have otherwise fallen by the wayside.  The petro-dollars have given these government the means to basically bribe their populations without really serving them.  While some middle-easterners are ridiculously rich, the majority are in abject poverty (that is why Islamic radicalism is becoming so popular).  If you look, you will see that the radical Muslim movements are the most popular in the countries that are trying the hardest to restrict their people.
1172267
Right at this time, the Middle Eastern Nations provide and control the majority of today's oil. Unfortunately, the next 20 years will probably be provided by the same source (for the western world that is unless alternative means are initiated). Other parts of the world do have ample resources to assist in providing oil for the rest of the world. Countries such as Venezuela, Mexico, Russia and even Canada and be self sustaining in this area and the United States is currently purchasing oil from these areas. Canada has a vast reserve underground in what is called "Oil Sands" where the oil is actually trapped in sand which makes it a grainy like tar. It is very costly (at this time) to extract the oil from the sand.
1034282
Could be he knows oil supplies are dwindling in Saudi Arabia where he has co-harts. Knew he had to do something to keep up his flow of money to himself and cronies based on oil production and trade. Somehow I think the Saudi's are in on this somewhere.
123095
Its the OIL .\n\nUS has its eyes on and Muslims are holding it.\n\nWorld is watching over.
1169359
The theory is like this: Radical Wahhabi Muslims in Saudi Arabia end their "detente" with the less than religiously strict Saudi Royal Family, and start a little insurrection. As it stands, the Saudi royals fund all of the religious schools, build mosques, maintain Islamic law, etc., and they turn a blind eye to the royal families excesses. \n\nIt's not that far fetched to imagine these radicals (Al Qaeda, etc.), see the royals cracking down on terrorists, working with the U.S., and becoming too westernized. They're response: take over the Saudi oil fields, blow them up, render them useless, and they cripple the U.S. as well as every other Western Govt's economy. They would like nothing better than to get back to their nomadic days in the desert. They believe that all of their problems started with the discovery of oil. And by all accounts, the Saudi military may not be up to the task of stopping any of this.\n\nOf course, the U.S., as well as every other oil dependent nation, has a contingency plan if this happens. They would invade and secure the oil fields, or try. The point is, if the radical muslims destroy enough infrastructure in the oil industry, pipelines, refineries, etc., then the world's largest oil reserves are off line for months. Think about the global economic crisis that would result from Saudi oil being cut off for months???\n\nRead "Sleeping with the Devil : How Washington Sold Our Soul for Saudi Crude" by Bob Baer.
992239
oil + money = big fuss!
475557
You ask a good question. Here in Canada we have enough oil that we could easily do this, but we export it. I'm not too sure why, but I bet it's because other countries pay more for it.
655947
Well, i've been thinking about this for a long time.  \nWell, look at the Persian Gulf.  Most of our oil comes from that region, the Saudi, Kuwait, Iran, Iraq area.  Follow the Persian Gulf down a bit and you come to a very thing narrow strip of water that connects it to the Indian OCean.  This strait is called the Strait of Hormuz.  If you can block this strait with water mines or something like that, the world will buckle down as it can't get most of it's oil.  \nmake your demands, make me rich, and happily ever after.
288147
The US buys oil from a lot of places, including Canada. Mexico and Venezuela, as well as countries in the Middle East
11087
It's all about the oil rights... Saudia Arabia was created by Standard oil of California in 1928. So now we need more oil and Iraq has the next largest reserves.
1062509
Look who's running the country...a bunch of oil freaks.  Everytime the price of oil goes up they are cashing in!  They don't want to come up with alternative fuel sources because there is no money in that for them.
228907
America is in "Arabia" because some idiots decided it would be a good idea to crash planes into buildings. if America was just there for the oil, i wouldn't be paying nearly 3 dollars a gallon for gas. I don't remeber anyone from ghana being on one of the planes.