The first time we argued about the rising animosity between Saudi and USA was in Dec 2014.
This chart is from the advisory that we had prepared for our clients back in Dec 2014.
This chart shows when America began producing more oil than Saudi Arabia in 2014 after 22 years.
Ever since, Saudi has struggled in it's oil sales, has run out cash, is busy selling it's top most companies, has run 6 years of budget deficit while borrowing tens of billions every year, passed new taxes and fines, removed subsidies on petrol, water, electricity bills, deported millions of expats, has arrested thousands of Saudis and taken their trillions, major companies like Saudi Oger have collapsed, large banks are merging and thousands of small businesses have shut etc.