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In reply to the discussion: Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill [View all]KansDem
(28,498 posts)27. Saudi Arabia is running out of water
They have bought huge tracts of land in the US southwest to grow crops using area aquifers; crops that are shipped back to Saudi Arabia.
Saudi Arabia and other Persian Gulf countries are scooping up farmland in drought-afflicted regions of the U.S. Southwest, and that has some people in California and Arizona seeing red.
Saudi Arabia grows alfalfa hay in both states for shipment back to its domestic dairy herds. In another real-life example of the world's interconnected economy, the Saudis increasingly look to produce animal feed overseas in order to save water in their own territory, most of which is desert.
Privately held Fondomonte California on Sunday announced that it bought 1,790 acres of farmland in Blythe, California an agricultural town along the Colorado River for nearly $32 million. Two years ago, Fondomont's parent company, Saudi food giant Almarai, purchased another 10,000 acres of farmland about 50 miles away in Vicksburg, Arizona, for around $48 million.
But not everyone likes the trend. The alfalfa exports are tantamount to "exporting water," because in Saudi Arabia, "they have decided that it's better to bring feed in rather than to empty their water reserves," said Keith Murfield, CEO of United Dairymen of Arizona, a Tempe-based dairy cooperative whose members also buy alfalfa. "This will continue unless there's regulations put on it."
http://www.cnbc.com/2016/01/15/saudi-arabia-buying-up-farmland-in-us-southwest.html
Saudi Arabia grows alfalfa hay in both states for shipment back to its domestic dairy herds. In another real-life example of the world's interconnected economy, the Saudis increasingly look to produce animal feed overseas in order to save water in their own territory, most of which is desert.
Privately held Fondomonte California on Sunday announced that it bought 1,790 acres of farmland in Blythe, California an agricultural town along the Colorado River for nearly $32 million. Two years ago, Fondomont's parent company, Saudi food giant Almarai, purchased another 10,000 acres of farmland about 50 miles away in Vicksburg, Arizona, for around $48 million.
But not everyone likes the trend. The alfalfa exports are tantamount to "exporting water," because in Saudi Arabia, "they have decided that it's better to bring feed in rather than to empty their water reserves," said Keith Murfield, CEO of United Dairymen of Arizona, a Tempe-based dairy cooperative whose members also buy alfalfa. "This will continue unless there's regulations put on it."
http://www.cnbc.com/2016/01/15/saudi-arabia-buying-up-farmland-in-us-southwest.html
I say fuck 'em--seize their US land and let them eat their oil...
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Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill [View all]
MowCowWhoHow III
Apr 2016
OP
Bush and his Texas oil friends would love this as the price of oil would sky rocket.
Dustlawyer
Apr 2016
#48
Maybe all the rich U.S. assholes with money stored offshore can buy those assets up.
valerief
Apr 2016
#21
WTF. How can our government hide foreign government involement from the American
Akicita
Apr 2016
#22
with all the climate changes/droughts & desertification, America now has land good for pistachios
Sunlei
Apr 2016
#60
I lost my United Airlines Aircraft Mechanic job at Newark (worked on FLT 93)...................
turbinetree
Apr 2016
#28
and the true nature of the relationship - US as Saudi vassal state - is revealed
AgerolanAmerican
Apr 2016
#32
Call their bluff and censor them for the cruelty of women and the torture they do every day.
bkkyosemite
Apr 2016
#52