Comments by "" (@craigkdillon) on "CBS Evening News"
channel.
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Our basic strategic need to support the ME oil countries has declined a lot, and will eventually end completely.
1. The reason we and the world were so interested in ME stability was oil, of course. US & NATO have been guaranteeing
Saudi and Kuwait protection from interference -- both foreign & domestic sources. Oil was critical to the world economy.
2 We have discovered fracking, and now make our own oil. The world has discovered many more oil fields -- even Israel is oil independent.
Plus, the world also fracks now. So, there is NO threat of real oil shortages in the future,
3. Most importantly, though, is the development of renewable energy. A renewable energy power plant is now cheaper to build than an oil powered one, and a country need not import fuel for them. By 2030, the vast majority of cars and trucks being sold will be electric, or at least hybrid. Countries around the world will use less and less oil
THEREFORE, America will no longer need to defend the status quo in the Middle East. We won't need to care.
I hope Biden understands this, and lowers our support for Saudi Arabia and MBS.
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