Global Warming?

On the recent years, the Global Warming has grabbed so much attention by the international media and governments communities excluding our media (their usual controversial concern is whether women in Saudi should drive or not?!).

Reuters has published an article on Sun Jan 24, 2010 about the United Nations climate talks which creates a big threat to Saudi Arabia as the agency indicates.

“It’s one of the biggest threats that we are facing,” said Muhammed al-Sabban, head of the Saudi delegation to U.N. talks on climate change and a senior economic adviser to the Saudi oil ministry.

It looks like the West-driven talks is trying to limit the demand of oil consumption since it gives the exporters more power and cash flow which can impact their control and power over the global economy. On the year of 2008, the oil prices had reached a new historical record by hitting over USD145 bpd.

Suddenly, the rise of attention to the Global Continue reading →