Forbes magazine recently ranked the top 70 most influential leaders in the world and ranked Saudi King Abdullah in 6th place. I would argue that the ruler of Saudi Arabia ranks as one of the top four most consequential leaders of today on par with the U.S., Russian and Chinese presidents. President Barack Obama’s observation that what happens in another part of the world affects us here at home could not be closer to reality and is the reason why King Abdullah matters to global stability.
As the world’s top crude oil producer and owner of 20% of the world’s remaining oil reserves, Saudi Arabia holds the key not only to America’s wallets but also to the global economy. What happens in Saudi Arabia can touch every corner of the globe. For example, if King Abdullah decides to use oil as a weapon it could directly impact American consumers and cut into disposable income. Luckily, the King views his stewardship of 270 billion barrels of crude oil as a means to allow the global economy to function smoothly and without price disruptions. Imagine for a moment what the hate-mongering Supreme Leader of Iran, Ali Khameni, would do if he controlled the world’s largest reserves of petroleum. Continue reading “Saudi Arabia’s Consequential King” »


