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Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today.
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Washington Outsider
User ID: 434066
5/16/2008 11:35 AM
Report abusive post | Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today.
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According to CNN.com, Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today.
Now what? |
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Anonymous Coward
User ID: 303149
5/16/2008 11:37 AM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
For God's sake. Who in their right mind thinks Bush is over their trying to help US? LOL |
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Lotus Feet 
The Paraclete, defender of human rights
User ID: 433953
5/16/2008 12:04 PM
 | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Do Saudi have any idea that they are transgressing universal law.
Lotus
People are not a commodity, without love they become so. Parents are the guardians of the soul, a precious gem born to shine. It is the guardian’s responsibility to ensure that gem is not reshaped, but allowed to BE its natural state. Children are the supreme joy of human life’ Sacred Words
God's will is compelled by love into compassionate action to save. Blessed are the pure of heart for they shall see God. |
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Anonymous Coward
User ID: 373696
5/16/2008 12:07 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
I don't know about Universal law but they're obeying the law of supply & demand. More for me, none for you. |
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Anonymous Coward
User ID: 432121
5/16/2008 12:16 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
It's long been rumored that Arab states have exaggerated the amount of the oil they have, because, well, they're Arabs and they love to boast, I guess.
Wouldn't it be funny if they're being stingy right now because their oil is almost gone? And they want top dollar for the little that's left?
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Anonymous Coward
User ID: 357422
5/16/2008 12:20 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Bush asks the Saudis to produce more oil so that the US, which already owes hundreds of trillions to them and China, can pay for it with monopoly money fed reserve notes.
I wonder why they refused?
If Bush's wasn't such a whore to his puppetmaster's agenda we'd have Tesla free energy by now. |
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Duncan Kunz
The Debunker King
User ID: 8107
5/16/2008 12:23 PM
 | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
If Bush's wasn't such a whore to his puppetmaster's agenda we'd have Tesla free energy by now. Quoting: Anonymous Coward 357422
If there were such a thing as "Tesla free energy" we'd have Tesla free energy by now.
July 10, 2002 - July 10, 2008
Six Years as the Debunker King on GLP! |
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Anonymous Coward
User ID: 434082
5/16/2008 12:24 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
The end is nigh! |
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Anonymous Coward
User ID: 433415
5/16/2008 12:29 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
doooooom |
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Wasayo
Psychic Astrologer & *My Bad*
User ID: 434085
5/16/2008 12:32 PM
 | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Saudis see no reason to raise oil production now
By JENNIFER LOVEN, Associated Press Writer
RIYADH, Saudi Arabia - Saudi Arabian leaders made clear Friday they see no reason to increase oil production until their customers demand it, apparently rebuffing President Bush amid soaring U.S. gasoline prices.
During Bush's second personal appeal this year to King Abdullah, Saudi officials stuck to their position that they are already meeting demand, the president's national security adviser told reporters.
"What they're saying to us is ... Saudi Arabia does not have customers that are making requests for oil that they are not able to satisfy," Stephen Hadley said on a day when oil prices topped $127 a barrel, a record high.
The Saudi government indicated that it is willing to put on the market whatever oil is necessary to meet the demand of its customers, Hadley said.
But even then, he said, Saudi leaders say increased production would not dramatically reduce pump prices in the United States.
The Saudis are investing in ways to increase oil production over time. Officials told Bush they are doing "everything they can do" for now to address a complicated market.
Hadley said the Bush administration will take the explanation back to its own experts and "see it if conforms."
When Bush and Abdullah met in the kingdom in mid-January, the president also sought more Saudi output but got a chilly response to that plea. Saudi Arabia said it would increase production only when the market justified it and that production levels appeared normal.
Bush acknowledges that raising output is difficult because the demand for oil — particularly from China and India — is stretching supplies. Also, economists say prices are being driven up by increased demand, not slowed production.
High energy costs are a major drain on the U.S. economy, which is experiencing a slowdown that some think is already a recession. At the pump, gas prices rose to a national average of $3.78 per gallon on Friday, according to a survey of stations by AAA and the Oil Price Information Service.
Beyond oil, Iran also dominated the meeting between the president and the king. The two shared a concern over the recent in violence in Lebanon, where Hezbollah overran Beirut neighborhoods last week. The display of military power by the Iranian- and Syrian-backed Hezbollah, which the U.S. considers a terrorist organization, resulted in the worst internal fighting since the end of Lebanon's 1975-90 civil war.
Hadley said the leaders shared concerns the recent events would "embolden Iran." The U.S. and Saudi Arabia, he said, "are of one mind in condemning what Hezbollah did in bringing pressure on the duly elected government of Lebanon."
"Iran, working directly and through Syria, was very much behind what happened in Lebanon over the weekend and it is another example of Iran taking actions that are contrary to the interests of those in the Middle East who want peace, security and freedom," Hadley said.
On Thursday, the Hezbollah-led opposition and U.S.-backed government reached a deal to end the violence after Lebanon's Cabinet reversed measures aimed at reining in the militants.
Earlier, Bush and Abdullah formalized new cooperation between the kingdom and the United States on a range of topics, including the development of civilian nuclear energy in Saudi Arabia.
Bush was spending the day with Abdullah at his horse farm outside Riyadh, talking mostly out of public view over three tea services and two meals.
The White House says the president's visit is intended, in part, to celebrate 75 years of formal U.S.-Saudi relations. But the rising price of oil commanded attention.
When Bush first ran for president in 2000, he criticized the Clinton administration for high fuel prices and said the president must "jawbone" oil producing nations and persuade them to drop rates. At that time, oil was nearing $28 a barrel. The run-up of oil prices lately has been dramatic.
Bush's visit comes two days after Congress voted to temporarily halt daily shipments of 70,000 barrels of oil to the nation's emergency reserve. Bush has refused to stop pouring oil into the Strategic Petroleum Reserve, saying the stockpile was meant for emergencies and that halting the shipments would have little or no impact on gasoline or crude oil prices.
It's a move that Democrats have sought for the past year to increase supply and apply downward pressure on prices. With an eye to the November election, the Senate sent the measure to the president Wednesday night without a single GOP objection. The White House has indicated that Bush will sign the reserve measure.
Also, as Bush prepared to leave Washington, Senate Democrats introduced a resolution that would block $1.4 billion in arms sales to Saudi Arabia unless Riyadh agrees to increase its oil production by 1 million barrels per day. The Democrats said they introduced the measure to coincide with Bush's trip to send a message to Saudi Arabia that it should pump more oil to reduce the cost of gas for Americans.
Besides wanting to discuss oil, Bush is paying his second visit to Abdullah this year — on top of a stop by Vice President Dick Cheney in Saudi Arabia in March — to talk about his goal of achieving an Israeli-Palestinian peace deal before he leaves office. Saudi Arabia's immense power in the region means that its backing of Palestinian President Mahmoud Abbas and any concessions he will have to make is key.
[link to news.yahoo.com]
"By serving humanity, by loving humanity, you are serving God, you are loving God because He is inside everyone." Sant Baljit Singh in Jesolo, Italy |
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Anonymous Coward
User ID: 357422
5/16/2008 12:38 PM | |
Anonymous Coward
User ID: 357422
5/16/2008 12:40 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
[link to www.evworld.com]
Tesla's free enrgy car. You decide who you want to believe. |
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Anonymous Coward
User ID: 52612
5/16/2008 12:47 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
If Bush's wasn't such a whore to his puppetmaster's agenda we'd have Tesla free energy by now.
If there were such a thing as "Tesla free energy" we'd have Tesla free energy by now. Quoting: Duncan Kunz
Do you think they will allow that?
Them oil people are greedy bastards and very powerful at that. |
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Anonymous Coward
User ID: 303149
5/16/2008 12:49 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
It's all an act. He is having as big a laugh as they are. |
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Anonymous Coward
User ID: 434019
5/16/2008 12:53 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
I hear Tehran is lovely in October. Looks like the U.S Freedom Forces of Glorious Patriots have the green light for Operation: Liberate Black Gold from Evil Do-ers as result of Saudi Arabia's stance on this. It's a shame that punishing them isn't an option on the table, oh well I guess it's the Nu Amerikkkan way to go after someone else when your beef is with an undefeatable ideology...errm I mean enemy. |
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Anonymous Coward
User ID: 434101
5/16/2008 12:57 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Bullshit. They couldn't increase production if they wanted to.
Now, Iraq on the other hand... |
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Anonymous Coward
User ID: 265764
5/16/2008 12:58 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Bush asks the Saudis to produce more oil so that the US, which already owes hundreds of trillions to them and China, can pay for it with monopoly money fed reserve notes.
I wonder why they refused?
If Bush's wasn't such a whore to his puppetmaster's agenda we'd have Tesla free energy by now. Quoting: Anonymous Coward 357422
There is no free energy |
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mathetes
User ID: 327572
5/16/2008 1:03 PM
 | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Bullshit. They couldn't increase production if they wanted to.
Now, Iraq on the other hand... Quoting: Anonymous Coward 434101
Exactly
Jesus said unto her, I am the resurrection, and the life: he that believeth in me, though he were dead, yet shall he live: John 11:25 |
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Anonymous Coward
User ID: 427679
5/16/2008 1:05 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
This will be used to justify going to war against OPEC nations. A new war is not very far off now. |
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Anonymous Coward
User ID: 373696
5/16/2008 1:08 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
This will be used to justify going to war against OPEC nations. A new war is not very far off now. Quoting: Anonymous Coward 427679
Why go around the world, Venezuela's just south of here. Two birds with one stone, as it were... |
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Anonymous Coward
User ID: 399680
5/16/2008 1:21 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
How about we start drilling in Anwar and you libs can stuff it if you don't like it! |
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Anonymous Coward
User ID: 373696
5/16/2008 1:26 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
How about we start drilling in Anwar and you libs can stuff it if you don't like it! Quoting: Anonymous Coward 399680
Anwar oil will all be sold to Japan, and run out in a few years anyway. Then what, smart guy? |
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Anonymous Coward
User ID: 429858
5/16/2008 1:28 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Time for a few well placed heart attacks and a coup! |
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Anonymous Coward
User ID: 434124
5/16/2008 1:32 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
what is arabic for "never give a sucker an even break"? |
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Anonymous Coward
User ID: 414891
5/16/2008 1:43 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Senate Democrats introduced a resolution that would block $1.4 billion in arms sales to Saudi Arabia unless Riyadh agrees to increase its oil production by 1 million barrels per day. The Democrats said they introduced the measure to coincide with Bush's trip to send a message to Saudi Arabia that it should pump more oil to reduce the cost of gas for Americans.
this is intresting |
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rancelot
User ID: 240916
5/16/2008 1:45 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
= Also, as Bush prepared to leave Washington, Senate Democrats introduced a resolution that would block $1.4 billion in arms sales to Saudi Arabia unless Riyadh agrees to increase its oil production by 1 million barrels per day. The Democrats said they introduced the measure to coincide with Bush's trip to send a message to Saudi Arabia that it should pump more oil to reduce the cost of gas for Americans.
That's why they're called DUMB-ocrats! Most of our oil comes from Canada, Mexico and domestic producers. Increasing production from someone way down the totem pole will not affect gas prices here at home at all. Very little Saudi oil reaches our shores and it is declining everyday because nobody wants USeless dollars. Everyday it cost more to buy the same amount of oil in US greenbacks. The yen/euro sales are booming as a result.
We have to fix our economy first before the Saudis (and everybody else) will listen to us again. Monopoly money just doesn't have any market value in today's economy. Neither does the US dollar.
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Anonymous Coward
User ID: 101332
5/16/2008 1:50 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Dollar, not supply, causes record oil - Iran offical
The weak U.S. dollar is the main reason behind oil prices rising to record levels, not demand or supply factors, an Iranian Oil Ministry official was quoted as saying on Saturday.
"We must be aware that it is not the price of crude oil that has risen but the dollar value that has weakened," said Mohammad Ali Khatibi, deputy director of international affairs at the National Iranian Oil Company.
[link to in.news.yahoo.com]
"The dollar is worth half of what it was just three years ago. It therefore follows that all imported products (which are most of what we buy) have doubled in price in that time." |
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Anonymous Coward
User ID: 101332
5/16/2008 1:51 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
"Customers aren't asking for more crude."
"Customers aren't asking for more crude, Qatari Oil Minister Abdullah bin Hamad al-Attiyah said as he arrived in Rome today, blaming the plunging dollar for record prices. ``The oil price rises as the dollar gets weaker."
[link to www.bloomberg.com] |
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powerpuffs
User ID: 434125
5/16/2008 1:57 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Dropping down the rates is within our own powers. Why blame Arabs?
To see what I am talking about, please visit my blog for childrens here [link to ppgrock.blogspot.com] |
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max
User ID: 195066
5/16/2008 2:04 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
S. Arabia is increasing the production.
I heard on the news that S. Arabia increased the production with 300.000 barrels a day. That is 3% of the total production. |
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Anonymous Coward
User ID: 432919
5/16/2008 2:06 PM | | Re: Saudi Arabia has rejected a plea from President Bush to increase oil production, a top White House aide said today. | Quote |
Yea right, sure they did,
Saudi rejection is a carefully followed script written by the Queen and the Pope and everyone's playing their rebellious part to make it look like the Saudi's are to blame for the US oil "fake shortage". We know the game. |
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