Where once the region was content to spend its petrodollars on food sold on the open market, Gulf nations now are quietly scouring the globe for rich farmland to rent or buy outright.
Since we (the US) are good food producers maybe we should make some deals. Tie the cost of the food to the cost of oil and we would have a good deal. Oil goes up, food for the oil producing countries goes up, oil goes down and food goes down. A win-win for everyone.
yes we are still one of the biggest agricultural producers in the world,maybe we should start flexing that muscle?
To heck with them i say if they want to screw everyone around the world by squeezing us with oil pricing and cutting production. Why should other countries and us the US help them out with food at a time they are making record amounts of money. If they can build malls with ski resorts in them, build man made islands, and huge skyscrapers why can't they use those Billions of dollars they have sucked from the world to build huge greenhouses in the desert and grow there own food
Said it before, will say it again: The United States needs to become the OPEC of food production. Let's stop wasting our farmland on suburban sprawl and reinvent our agricultural economy.
CHIM;P ass bush has opened the door to play nice with those "saudis" who HATE US and whose citizens DID US HARM (9-11) chimp allowS them to buy up our resources ,buildings, land , roads, bridges and PORts. BEWARE THE EVIL AMONG US. Mking nice with libya's evil terrorist...WHY OIL of course.
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