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American Gas

Hello Fracking, Goodbye Saudis

Joergen Oerstroem Moeller | Posted 12.18.2014 | World
Joergen Oerstroem Moeller

Since the Shah of Iran's fall in 1979, the world of oil has been governed by a tacit American-Saudi Arabian understanding that keeps a firm grip on Middle East politics. There have been ups and downs, but the partners have never questioned the understanding -- until now. Fracking in the U.S. is fracturing U.S.-Saudi ties.