The Kingdom of Saudi Arabia’s Vision 2030

by Dena Kleemeier

My family has worked for Saudi Aramco, a national petroleum and natural gas company based in Dhahran, Saudi Arabia for the past 16 years. In my time living in Saudi, I have experienced first hand the way in which the Kingdom uses/wastes their resources, providing oil to their citizens at a cheaper price than water, and subsidizing electricity to their populations. However with the decline in the price of crude (lost 67% of value since September 2014), the growing domestic oil demand of 7% per year, and the state of the environment, Saudi Arabia is in an awkward geopolitical situation, and is in need of comprehensive economic reform. Continue reading