Saudi Unrest

By Micah Halpern
I've Been Thinking:

Yesterday, Saudi police opened fire on protesters in a predominately Shiite dominated area. Today promises to be even more intense.
Shiites comprise about 40% of Saudi Arabia and neighboring Iran is also vastly Shiite. The Saudi monarchy fears Shiite unrest and the call for reform. The Saudi royal family fears that they may be the next power in line to fall.
In advance of what might come, the Saudi government has issued serious warnings announcing that protests will not be tolerated and that protesting is now illegal.
And despite it all, for the past several weeks there have been postings on Facebook gearing up for a day of protests to be held on March 11th.
The back story is that the royal family of Saudi Arabia is an oppressive monarchy - it is oppressive and regularly tramples on human rights and women's rights. But the Saudi royal family is also the back bone of oil production and if they wobble under this wave of protests the cost of oil could easily hit $300 a barrel.
The Saudi royal family will fight hard to hold on to their position and their power.
Micah@MicahHalpern.com
Read my new book THUGS. It's easy. Just click.
http://www.amazon.com/s/ref=nb_ss_gw?url=search-alias%3Daps&field-keywords=halpern%2C+micah