Without a doubt, the Saudis are overly dependent upon foreign demand for their oil supplies. Amid the growth of fracking in the West, some Saudis are expressing concern and are warning of the need to diversify the kingdom’s income sources.

Saudi Prince Says Fracking Poses Threat
(Sky News)—A Saudi prince has warned that his oil-reliant nation is under threat because of fracking technology being developed elsewhere around the world.
Billionaire Prince Alwaleed bin Talal said the Gulf Arab kingdom needed to reduce its reliance on crude oil and diversify its revenues.
Read more: http://www.bibleprophecyblog.com/2013/07/saudi-prince-fracking-is-threat-to.html#ixzz2afqEE7WW


