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    Monday, April 25, 2005

    Saudi Texans... A Nice Breakfast Mix

    Stardate 3842.5

    George W. Bush is so concerned over the rising gas prices and the diminishing US Oil reserves that he is having a private closed-door meet-up with Crown Prince Abdullah of Saudi Arabia at his Texas Ranch.

    Bush said he’ll make clear Monday that it’s not in Saudi Arabia’s interests to keep oil prices high. “If they pinch the world economy too much, it’ll affect their ability to sell crude oil in the long run,” he said in a television interview last week.

    Bush seems to think that the Saudis are not "pumping flat out" and wants a straight-up answer from the Prince about the Saudi capacity to produce more oil...

    Sadly, the US backing of Israel could likely do more harm than good when it comes to talks with nations such as Saudi Arabia and for mid-east peace as a whole, not to mention oil production.

    Currently, the Saudis pump about 9.5 million barrels of oil a day, and is limited to 11 million barrels a day. They suggest an increase up to 12.5 million by the year 2009...

    The best-case scenario for Bush, Jordan said, would to secure a commitment from Abdullah to explore additional oil fields and invest in additional production capacity. The United States could offer to help by providing technical expertise or helping to build storage facilities for reserves, he said.

    It is *always* about oil, isn't it... :D

    All opinions shared on this site are strictly my own. Some people may disagree and that is fine, but rude comments or overzealous debate will be curtailed. I enjoy civil discourse, and encourage independent thought. I oppose George W. Bush and his Wars based on lies.

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