Saudi Arabia’s Biggest Oil Producer Will Build $10BN Petrochemical Complex in China – Are the Days of Ishmael Upon Us?
There are very few people in the western media, both corporate and alternative, who seem to fully understand the significance of the announcement this week that Saudi Arabia's largest oil company, Aramco, is investing $BILLIONS in China's growing petrochemical industry. Aramco was originally the name for the "Arabian American Oil Company," founded by the Standard Oil Co. of California (Chevron) in 1933, when the government of Saudi Arabia granted it a concession. Other U.S. companies joined after oil was found near Dhahran in 1938. In 1973, the Saudi government bought a 25% interest in Aramco, increasing that interest to 60% the following year. In 1980, the Saudi government increased its interest in Aramco to 100%. Eight years later, the Saudi Arabian Oil Company (now renamed Saudi Aramco) was officially established. I worked in Dhahran in the early to mid 1990s, teaching English at King Fahd University of Petroleum and Minerals. It is a huge university with around 10,000 students, and the entire curriculum is taught in English, hence the need for many English teachers. But as large as the campus in Dhahran is, it is quite small compared to the Aramco company compound directly next to the University. We had many American (and Filipino) friends at Aramco back then, and often visited them at the Aramco compound. Driving into the Aramco compound was like driving into the suburbs of a modern U.S. city, where you could literally find all the same comforts you could find in the U.S., even though you were out in the middle of a desert. Even the women there drove cars at that time, while outside the compound, it was forbidden (at that time). Back in the 1990s, Americans still mostly ran the company, as they transitioned to Saudi management and more members of the board of directors came from the Saudis. But things are very different today, as this announcement of investing in China clearly demonstrates. Gone is the respect for the Rockefeller oil industry and their puppet politicians, as recent comedy skits produced by Saudis mocking Joe Biden clearly show. So are the days of Ishmael here, and the fulfillment of God's promises and prophecies made thousands of years ago to bless Ishmael?