CHARLES KENNY: Saudi Arabia Is Underwriting Terrorism. Let’s Start Making It Pay. “For years since 9/11, U.S. and Western officials have mostly looked the other way at all this ideological support for extremism: Saudi oil was just too important to the global economy, even though many of these Saudi petro-dollars were underwriting repression at home and the growth of Salafist fundamentalism abroad. But today, two things have changed: first, the global cost of Saudi-backed extremism has continued to climb—with the rise of ISIS and Boko Haram, the bombings in Beirut and Paris and the shootings in San Bernardino. The other factor that has changed is that there is no longer as much economic justification for America to kowtow to the Saudi regime.”
Thanks to fracking, we’re now the world’s #1 oil producer and we’re just getting started.