Oil and Trouble
Posted on March 14, 2011 by George
Why western governments won’t support democracy in Saudi Arabia.
via Oil
Last week, while explaining why protests in the kingdom are unnecessary, the foreign minister, Prince Saud Al-Faisal, charmingly promised to “cut off the fingers of those who try to interfere in our internal matters”(2). In other parts of the world this threat would have been figurative; he probably meant it. If mass protests have not yet materialised in Saudi Arabia, it’s because the monarchy maintains a regime of terror, enforced with the help of torture, mutilation and execution.
Yet our leaders are even more at ease among the dyed beards and man-boobs of the Saudi autocracy than they were in the eccentric court of Colonel Gaddafi. The number of export licences granted by the UK government for arms sales to the kingdom has risen roughly fourfold since 2003(3). The last government was so determined to preserve its special relationship with the Saudi despots that it derailed British justice, by forcing the Serious Fraud Office to drop its inquiry into corruption in the Al Yamamah deals(4).
Why? Future weapons sales doubtless play a role. But there’s an even stronger imperative. A few days ago the French bank Société Générale warned that unrest in Saudi Arabia could push the oil price to $200 a barrel(5).
Abdullah’s kingdom is the world’s last swing producer: the only nation capable of raising cru
The Free 