Big news from Saudi Arabia and the oil market is not reacting. I guess there were only 172 terrorists plotting to blow stuff up and the authorities caught every single one of them. I am glad this was prevented but taking the approach that this was not a sign of persistent and future trouble is dangerously ignorant.  It will be interesting to see how long it takes to hear Saudi Arabia’s condemnation of terrorism.  That happens whenever an Islamic country is attacked by terrorists like when Jordan was hit in November 2005.  And then shortly thereafter, you don’t hear so much about their hatred of terrorism.   If the vast majority of peace-loving Muslims would speak out and take action against extremism whether it was in their country or not, there might be a chance for peace.  Until that happens, count on more terrorist plots being stopped and more terrorist attacks that could not be stopped.  Today’s actions prevented more fear being priced into oil, but for how long?