| Topic: |
Politics > Politics-USA |
| User: |
"laura bush - VEHICULAR HOMICIDE" |
| Date: |
09 Jun 2005 09:47:05 AM |
| Object: |
Saudi Arabia says - PLENTY OF OIL |
Yup - there is no oil shortage. The huge rise in prices has been
engineered by oil-man bush.
http://start.earthlink.net/article/top?guid=20050609/42a7bec0_3ca6_15526200506091697769451
Top Saudi Says Kingdom Has Plenty of Oil
June 09, 2005 8:29 AM EDT
WASHINGTON - Saudi Arabia has plenty of oil - more than the world is
likely to need - along with an increasing ability to refine crude oil
into gasoline and other products before selling it overseas, a top
Saudi official says.
"The world is more likely to run out of uses for oil than Saudi Arabia
is going to run out of oil," Adel al-Jubeir, top foreign policy
adviser for Saudi Arabia's de facto ruler Crown Prince Abdullah, said
Wednesday.
In a wide-ranging interview with The Associated Press, Al-Jubeir said
relations between his nation and the Bush administration were strong
but "the environment in which the relationship operates ... still
leaves a lot to be desired."
He denied his country has any nuclear weapons ambitions, despite
international concerns about a Saudi request to lower international
scrutiny of its lone nuclear reactor.
He said he was "bullish" about the Saudi economy, which although based
on the country's vast oil reserves has also diversified to include a
galloping stock market.
Al-Jubeir dismissed speculation, including in a recent book, that the
country was hiding the true picture of its oil reserves and that it
may have far less than publicly assumed. He said Saudi Arabia has
proven reserves of 261 billion barrels, and with the arrival of newer
technology could extract an additional 100 billion to 200 billion
barrels.
"We will be producing oil for a very long time," al-Jubeir said.
(snip)
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| User: "Mitchell Holman" |
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| Title: Re: Saudi Arabia says - PLENTY OF OIL |
09 Jun 2005 09:54:03 AM |
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laura bush - VEHICULAR HOMICIDE <xeton2001@yahoo.com> wrote in
news:felga1tqvg05te8bro7o18asg999q9m73f@4ax.com:
Yup - there is no oil shortage. The huge rise in prices has been
engineered by oil-man bush.
http://start.earthlink.net/article/top?guid=20050609/42a7bec0_3ca6_155262
00506091697769451
Top Saudi Says Kingdom Has Plenty of Oil
June 09, 2005 8:29 AM EDT
WASHINGTON - Saudi Arabia has plenty of oil - more than the world is
likely to need - along with an increasing ability to refine crude oil
into gasoline and other products before selling it overseas, a top
Saudi official says.
Maybe we should just buy their oil and
leave it at that, *without* propping up one
of the most totalitarian governments in the
world.
Or not buy their oil at all, come to
think of it..........
Mitchell Holman
1) If we raise fuel efficiency standards in American
cars by one mile per gallon, in one year, we would save
twice the amount of oil that could be obtained from the
arctic national wildlife refuge
2) Raise it by 2.7 miles a gallon to eliminate all the oil
imports from Iraq and Kuwait combined.
3) Raise it by 7.6 mpg, we eliminate one-hundred percent of
our gulf oil imports into this country.
www.hybridcars.com/oil.html
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| User: "" |
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| Title: Re: Saudi Arabia says - PLENTY OF OIL |
09 Jun 2005 09:19:39 PM |
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laura bush - VEHICULAR HOMICIDE wrote:
Yup - there is no oil shortage. The huge rise in prices has been
engineered by oil-man bush.
He had to do something to shore up part of the economy since Klinton
fouled it over with NAFTA.
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