The Saudis want to threaten us with price hikes. I hope they do try it..we can easily make up the difference as we have plenty of reserves…especially with ANWAR now open…but the Brakken oil field is not being touched much either…all we would have to do is cut off all of the exporting of energy we are doing..keep it all in country..and the Saudis will not bother us much at all.

Karl Denniger’s take is on his site.  I will reproduce it here as his posts sometimes disappear:

Heh KSA And All Salafists: **** YOU

In my opinion we’re well past the point where we should be putting up with the jackasses in the Middle East waving their oil wells around like giant penises that are theirs to use to **** anyone up the ass they wish.

Without a market for said oil Mr. Crown Prince will be riding a camel.  Should the US decide it’s had enough of KSAs bull**** and give the Saudis 24 hours to move all American-sold arms to a safe place before we will blow them up wherever they are the so-called “great Saudi military power” will turn into a ball of Saharan sand.We should have told the Saudis to go **** themselves and leveled a full embargo on them after 9/11.  After all the vast majority of the hijackers were Saudi nationals — that’s not supposition or rumor, it’s fact.  Then there’s the fact that the evil ********** Bush (then President) let several flights leave full of Saudis after 9/11 when our airspace was locked down.  Who were they and why?  We’ve never had that disclosed and we have a right to know.

It is a fact that Saudi Arabia has spread its Salafist bull**** through the Middle East and we’ve not only tolerated it we’ve called them “friends.”  Well, with friends that kill 3,000 of your citizens may I ask who the hell is supposed to be our enemy?

If, as it appears, they murdered a journalist because he said things the Crown Prince didn’t like then I suppose said Crown Prince has declared that if you don’t like what someone says you can murder them.  Those aren’t my standards, they are theirs.

Well now, perhaps a bounty is in order, since murder is now considered acceptable to the Saudi Crown.

The King (and his crown princes) must live under his own law or there is no law at all.  If it’s acceptable for Saudi’s Crown Prince to order up murders then it’s also acceptable for others to order up his murder.

Since no nation can call itself civilized if it subscribes to that crap the solution is obvious: They’re not civilized and thus they have no right to expect any sort of trade at all, nor any ability to travel here, nor to own anything in or made by this nation — including our funds, Treasuries and land.

Yes, we should be able to prove it first, of course.  Then again maybe the standard of proof could be similar to that the Saudis employ when it comes to how they view gays.

In fact I think using their standards ought to suit them just fine — right?

However, just to make sure they know we’re serious, let’s pass NOPEC right ****ing now After all 15 USC Chapter 1 is the law in our land, and just like KSA thinks they can have their laws no matter the consequences, even if it means their “monarchy” can murder people, well, that sauce works on the goose as well — so let’s cook theirs right now.