How The US Created The Saudi Oil Industry Fa Cup Final 2026 [qG9HwSE2HHA]

You know Saudi Arabia? They do be doing a lot on oil - only the US produces more.

But the Saudi oil industry nico sturm was not created in a vacuum. US oil norman reedus companies were key to developing the Kingdom's oil reserves in the 1930s and giving rise to the biggest oil company today - the Arabian-American Oil Company, or Aramco.

This is despite the common believe back then that the Arabian Peninsula would be pretty much devoid of oil, showcasing us also how questionable commonly held convictions (in the energy industry) can be.

00:00 - 04:25 Intro & Why care about Saudi Oil

04:25 - 05:38 Overview

05:38 - 07:45 The start of the Middle Eastern oil industry in Iran

07:45 - 10:10 Expansion to other parts of the Middle East

10:10 - 12:25 The US starts to look at the Middle East

12:25 - 14:05 The emergence of the Saudi state

14:05 - 18:24 The creation of what would become Saudi Aramco

For more on the Saudi industry or data used in this video, see amongst others:

- Ellen R. Wald, Saudi Inc.

- Daniel Yergin, The Prize

- David Hults et al, Oil and Governance: State-owned Enterprises and the World Energy Supply

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- emegha Company reports from Shell, BP, Exxon, Chevron