Drudge Retort: Red Meat for Yellow Dogs
Friday, May 16, 2008

RIYADH, Saudi Arabia -- With the price of oil hitting record highs, President Bush will use a private visit to King Abdullah's ranch here Friday to make a second attempt to persuade the Saudi government to increase oil production so that American consumers can get some relief at the gasoline pump. "We do count on the OPEC countries to keep adequate supplies out there so the president will talk with the again with the king about that," White House Press Secretary Dana Perino said.

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Dated article. The saudistanis already told Bush to go fuck himself.

As pathetic as his crawling to the saudis is, at least this time they didn't make him dance like a monkeyboy before telling him to go away.

Apparently they just said "no".

news.yahoo.com

"Dated article. The saudistanis already told Bush to go fuck himself."

Correct. Hence my "Saudi's give Bush the big F.U." headline on the Back Page.

Didn't they just say 'no' about 3 weeks ago?

I guess it doesn't hurt to ask again.

"...at least this time they didn't make him dance like a monkeyboy before telling him to go away."

I wouldn't be so sure...

No hand-holding? Bush can't expect something for nothing...

The Saudis gave (what was once) considered the most powerful position in the world -- a U.S. President -- the finger.

Bush has dragged us down in importance to third world status. Of course maybe Bush is just telling the Saudis to say "No" 'cause Bush and Cheney have a lot of bucks riding on keeping those oil prices as high as possible. Don't believe everything you hear.

Pleeeeeeeeeeeease....pretty pleeeeeeeese...with a cherry on top....or in this case, a date.

How does these Right Wing hacks spin this there President on his fucking knees ask the Saudis to release more OIL. What happened to the Oil in Iraq??? GET THE FUCK OUT NOW!!!!!

Back in 2000 George Bush did think the President could influence OPEC over the price of oil. If I recall correctly, Bush repeatedly attacked Gore over the cost of gas during the election.

Mr. Bush was critical of Al Gore in the 2000 campaign for being part of "the administration that's been in charge" while the "price of gasoline has gone steadily upward." In December 1999, in the first Republican primary debate, Mr. Bush said President Clinton "must jawbone OPEC members to lower prices."
www.cbsnews.com

Here is the full quote:

"What I think the president ought to do [when gas prices spike] is he ought to get on the phone with the OPEC cartel and say we expect you to open your spigots...And the president of the United States must jawbone OPEC members to lower the price."
[Gov. George W. Bush, 1/26/00]

So, either he was lying back in 2000 or was just wrong about his influence with the Arabs. What's also interesting was that Bush demanded tough action on OPEC (and was very critical of Gore) because gas peaked at $1.64 back in 2000.

Why doesn't Bush just jawbone OPEC members and demand they open their spigots? If he thought $1.64/gallon was bad, he must be livid about $4.00/gallon.

Bush in June 2000:


Bush said today that he would bring down gasoline prices by creating enough political good will with oil-producing nations that they would increase their supply of crude. "I would work with our friends in OPEC to convince them to open up the spigot, to increase the supply. Use the capital that my administration will earn, with the Kuwaitis or the Saudis, and convince them to open up the spigot." Implicit in his comments was a criticism of the Clinton administration as failing to take advantage of the good will that the US built with Kuwait and Saudi Arabia during the Persian Gulf war in 1991. Also implicit was that as the son of the president who built the coalition that drove the Iraqis out of Kuwait, Mr. Bush would be able to establish ties on a personal level that would persuade oil-producing nations that they owed the US something in return.

Eight years later I just paid $4.05 a gallon.

The George W Bush Presidency - All This And a War, Too!

Why doesn't Bush just jawbone OPEC members and demand they open their spigots?

Because OPEC, like the rest of the world recognizes Bush as a useless, failed idiot.

Prince Faud tells Shrub, "Your currency is becoming worthless".

The only way out of this hole is to leave Iraq (and get rid of chickenhawk meathead President).

Isn't that something! He ask them to do what we won't do. Go figure.

Our production is half of what it was during the Carter oil shortage.

Remember the early 1980s? that is when the tree huggers and mouse counters locked us out of the oil shale in CO, UT, and WY

This whole thing is a sham. Bush is a moron for dragging his worthless ass over there for the second time in nearly a month. If he really wanted them to do something maybe he should threaten to remove all our troops that help to protect them and keep them in power. Hey now there's an idea!

Here's another. Why not ask Exxon to increase production to market demand levels? They decided earlier this year to keep their production levels flat over the next 4 years to maintain record profits. Their production isn't even going to keep up with the annual growth of demand which is 1.3%. In another 4 years their production levels will be 5.2% less than the current market demand. You can bet your ass that Exxon isn't the only oil company using this sort of tactic to increase profits.

Sniper- I seem to remember about 20 years of Republican Presidents since Carter, who suggested we get off the ME crack. I can understand Clinton being too busy killing 7000 soldiers to do much, but what about Bush the Lesser banning drilling off Florida, just to make brother Jeb quit giving him wedgies?

I'm suggesting we just boil down Republicans for their fat. They play no useful role in society and you could drive a Hummer coast to coast on Limbaugh and Cheney alone.

Remember the early 1980s? that is when the tree huggers and mouse counters locked us out of the oil shale in CO, UT, and WY

Posted by Sniper at 2008-05-16 03:51 PM | Reply | Flag:

Nest you'll be saying that it's because we don't have enough refineries even though top execs TESTIFIED only 2 months ago that they were only using 80% of refinery capacity and when asked directly, if they needed more refineries, ALL FIVE SAID 'No'.

Maybe it was because they're making enough money the way it is or maybe they just don't need them, but that's what they testified to.

What do you have to say to that?

They play no useful role in society and you could drive a Hummer coast to coast on Limbaugh and Cheney alone.

I don't think so. Those guys have acid or some other foul shit flowing through their veins.

This is what America has been reduced to...begging from the infidels.

When will we come up with real mass transit, a coherent energy policy, and more reliance on the rails/less on the roads?

I'm not holding my breath for real answers from either party.

If demand is outstripping supply; where are the shortages?

We are getting shafted without any lube at all.

The shortages are in the right winged minds. Bunch of Pultards.

Larry Mohr

Maybe the Saudis remembered the belly-crawling performance, replete with Christian Millenarian fantasies, Bush just gave to the Knesset.

Get your knee pads out sucka...and go "ask" again.

Don't get so excited and settle down Monteloser, I don't think he's going to let you go along with your knee pads (as much as you want to).

Bush's pals, the ones who perpetrated 9/11 and run probably the most disgusting tyranny on the globe, worse than any whose regime we changed at gunpoint ...

Does anyone think that the islamofascist hierarchy, now holding us up for record profits (in which US Big Oil and Bush share) is NOT punishing us for that war? herm

I guess that's the last time Bush will suck any of their Cocks!

BTW : Why not get Bush's Base to have a prayer circle on the whitehouse lawn and PRAY TO JEEEEESUSSSSS for Miracle Oil Barrels to fall from the sky.

Or doesn't it work that way?

I guess that's the last time Bush will suck any of their Cocks! Out of my way, because it's my turn now.

Posted by DUMPLING1 at 2008-05-16 04:35 PM | Reply | Flag: Flag: (Choose)

Saudi Arabia, the world's largest oil exporter, will increase crude production next month in response to rising demand from its customers and a request by U.S. President George W. Bush to ease the strain of record oil prices.

The country will raise output by 300,000 barrels a day to 9.45 million barrels a day in June, Saudi Oil Minister Ali al- Naimi said in Riyadh today, following a meeting between Bush and Saudi Arabia's King Abdullah. Earlier today, U.S. National Security Adviser Stephen Hadley said the Saudi policy was to supply extra oil only if customers needed it.

``On May 10 we increased our response to our customers by 300,000 barrels because they asked for it,'' al-Naimi said. ``So our production for June will be 9.45 million barrels per day. This is the request of about 50 customers worldwide.''

www.bloomberg.com


Didn't they just say 'no' about 3 weeks ago?

I guess it doesn't hurt to ask again.

Posted by COMMONSENSE
* * * * *

Apparently not.

The dem's have not approved ONE new area to drill in 25 years, not ONE. And have denied plenty. Funny how you can blame GW and the oil companies with a straight face. Time to take your heads out of the ground, and look inward at how the US can increase production.

And dfiant, tell us how obama's windfall profit tax is going to make us energy independent. "Telling" exxon to drill more, WHERE????? The dr left has no shame.

It's like saying GW was being divisive...when every day the dem's attack GW's platform. Were the dem attacks on GW AOK????, and not divisive? So while you attack GW, you refuse to allow any counter arguements?

That's the dem's new way, as obama says "My kids aren't asking me that" The new dem republic, no dissent allowed, you must follow the "change" of our annoited leader, no questions permitted.

RIR don't you get it, they have no solution but to blame others for the position we are all now locked into, which is outsourcing our energy needs

I get it. We need more oil production, but the Dems and the enviros won't let us get to it here in the states. And God forbid the libs would do something constructive, like parking their car, switching off their air conditioning, or deny Nancy Pelosi cross-country flights on large military aircraft every weekend. Nah--conservation is for suckers.

Don't worry, though. When President Obama goes to the OPEC countries with a cup in his hand, I'm sure they'll have a different view of things.

All dr left, why don't we drill off of Fla west coast, and in ANWR, and off the fla keys? Don't we need it? There's more nat gas right off of Pensacola fla, why would your party prevent getting it????

Ahhh yes that's right......the Sierra club forbids it!!!!

What a fucking Barney! Pretends to be a surfer, but wants to drill off the coast. If you don't know the problem with that idea, I question whether you really surf. What an asshole.

America the beggar. How did it come to this?

Can you spare a square?

We don't need oil production, we need gas production and there is a big difference.

The demand for oil has not changed in the last 8 years, it grows at about 2% per year, that is all.

Increasing more oil production will not lower the price of gas, and the sooner you people stop listening to the oil company media and oil invested trolls the sooner you will realize..................YOU ARE GETTING TAKEN BY BIG OIL.

Davethewave........WOB and troll, clearly for your talk one would think you would at least know a little about the subject you ejaculate but that would expect some modicum of smarts.

RIR is just out there trollin for his own selfish benefit and will say anything to protect his investment, will make the money fall, people like him always do. Too much faith in a mystic system of corruption.

Yes and I want to drill off of the east coast too! BTW I've never pretended to be a surfer, though I can surf. I am a fisherman!

MW you are so far off base. WHY don't you answer my very simple question, which is why haven't we approved ANY new areas to drill? What's the matter, a cat have your tongue?

The dem's have not approved ONE new area to drill in 25 years, not ONE. And have denied plenty. Funny how you can blame GW and the oil companies with a straight face. Time to take your heads out of the ground, and look inward at how the US can increase production.

And dfiant, tell us how obama's windfall profit tax is going to make us energy independent. "Telling" exxon to drill more, WHERE????? The dr left has no shame.

It's like saying GW was being divisive...when every day the dem's attack GW's platform. Were the dem attacks on GW AOK????, and not divisive? So while you attack GW, you refuse to allow any counter arguements?

That's the dem's new way, as obama says "My kids aren't asking me that" The new dem republic, no dissent allowed, you must follow the "change" of our annoited leader, no questions permitted.

Posted by DavetheWave at 2008-05-16 04:58 PM | Reply | Flag:

6 straight years of rightard majority in the House, Senate and White House and this is about the dems fault?

Newflash: Oil was 20 dollars a barrel under Clinton and it's now at 127 under Bush. Keep blaming others though for your boys fuckup. It's rightard way!

My mistake, I thought you said you were a surfer.

All efforts blocked by democrats. Can you say ANWR?

please. no. PLEASE. NO. PLEASE! NO! DUH, well, ok.

GWB's foriegn policy. Let history judge me. GOO-GOO!

"What happened to the Oil in Iraq?"

That's right, this war is all about oil in Iraq. Let's get a Democrat office who has the guts to go in there and just take it like they do our money.

That's right, this war is all about oil in Iraq. Let's get a Democrat office who has the guts to go in there and just take it like they do our money.

Posted by KBM

You should live so long.

As of March 2008 we have imported 773,000 barrels of Oil from Iraq per day.

Crude Oil and Total Petroleum Imports Top 15 Countries

Address:
www.eia.doe.gov
Larry Mohr

To listen to the spin by they apologist for the President of the Republician party is really sad. What these fuck don't understand is that OIL was $20 a barrel when President Clinton (The Last Real President of the United States) left office, today under Mr. Bush it's $127. a barrel. NUFF said ASSHOLES!!!

Even if we drilled off the Coast of California, in San Francisco Bay in the National Forest and National Parks you fucks on the right would not be satisfied. An we are not going to let you fuck ruin our Country. So shove those DRILLS up you ASSES!!!!

If this Country would stop the speculators the price of OIL would drop in half, Not me saying that but from testimony in Congress, wake up Assholes!!!!!

So shove those DRILLS up you ASSES!!!!

How about your ass, celery???????????? Greasy-assed geek that you are, they'd probably hit the mother lode!!!!!!!!!.

wake up Assholes!!!!!


Wake up celery and buy oil stocks and get rich with everyone else who has this no-brainer figured out.

This Dave guy, whoever he is, okays drilling offshore, in the Alaska wilderness, Yosemite and Yellowstone, and actually blames "enviros" and Demos for saying nay. "Dave" defends the Bush mafia and their appalling war. A lot more Daves seem to hover about the old DR. herm

BS! Bush went over there to ask the Saudi's to raise the Oil prices not lower them. When he is done being president he will be relying on his oil business.

Bush is in the oil business. If the Saudi's reduce the supply he makes a fortune.

Who is the real terrorist here?

"Who is the real terrorist here?"

Posted by Unclesam





boo

Dave the dipshit, "All efforts blocked by democrats. Can you say ANWR?" gimme a link. Because we have a dem gov here in colorado and drilling permits are up about 300%. Sniper you moron a little research would show you the fact that nobody crossed off shale drilling. in fact the technology has only recently become available to get to it. but keep misleading, a-hole.
good lord you guys will type anything that comes into your little minds.

I like these two headlines, in juxtaposition:

Bush Asks Saudis to Increase Oil Production, Bush Bitch-Slapped

Obama Effete Liberal Appeaser, Some Republicans Say

...but then I don't write the headlines in the daily papers.

Bush is too stupid to not go and ask...!!!! we should have always had the benefit of the oil in Iraq....but, what can you expect from such a 'bobblebrain'....???

A group of Democratic senators wants to make a massive arms sale to Saudi Arabia contingent on getting cheaper oil, reports AFP. "We are saying to the Saudis that, if you don't help us, why should we be helping you?" says Chuck Schumer, a Democratic senator from New York. "We are saying that we need real relief, and we need it quickly. You need our arms, but we need you to cooperate and not strangle American consumers."

At issue is an arms package worth some $20 billion. The group has introduced a resolution in the Senate to block the pending sale. When the controversial deal was announced last July, Noah wrote that he was "utterly, completely flummoxed by the Bush Administration's decision to sell $20 billion worth of arms to Saudi Arabia and other Gulf potentates."

Now, which party is the party of appeasement?

Oil company terrorism! Oil runs everything in our Country. Without Oil we crumble!

Oil is worth more than Gold for our economy as we are just about now learning.

Why fight us with weapons. Just quit producing oil and the entire country suffers.

Opec and the oil cartel are the real terrorists or saviours depending how you see it! LOL!

If this president had any gonads, he'd have Big Oil into his office, telling them that sure, they have a responsibility to their share holders but they have a bigger responsibility to their country. Do something about the fuel prices or they will kill this country.

Thinking back to Truman, I can only think of four presidents where such a meeting wouldn't be effective:
Ford, Carter, Bush I, and Bush II. Can you imagine Mobil blowing off Johnson, Nixon, Reagan?

This corn muffin of a man is about as pathetic an individual as the homeless dude down in front of the Rite Aid.

Why would the president confront big oil when he has interests in big oil. Bush is an Oil man.

Bush helped kill the all electric car in California.

Do you really think big oil wants hybrids?

The day of driving a pickup truck for a car is over. The day of driving a gas hog for recreation is over. Now we Americans are paying for the bigger, more powerful syndrome is better.

Are future cars will no doubt decrease in size and power just like in the early 80's.

Wake up America we have had the technology for 60 mpg 20 years ago. Remember that VW Rabbit Diesel. What happened?

"What happened?"

Posted by Unclesam

The morons, imbeciles, and idiots elected Reagan.
They're the vast majority;


For now.

If this Country would stop the speculators the price of OIL would drop in half,
* * * *

You're a dumbass. If it's that easy, why don't you speculate in oil? Double your money, eh?

Lemme know how you do.

This is so much beneath us.

It's obvious , we have got to do something to change.

"Can you imagine Mobil blowing off Johnson, Nixon, Reagan?"

Yup, I can. You did say blowing OFF. Nixon and Reagan were as much part of the problem as the Bushes. Not sure about LBJ. In rare moments I think he cared about Americans. herm

In rare moments I think he cared about Americans. herm

To his credit, he was an advocate of civil rights.

"In rare moments I think he cared about Americans."
"To his credit, he was an advocate of civil rights."

He was that; had he cared as much about Vietnamese as he cared about U.S. minorities, he'd have left a great legacy. But like Bush, he let delusions of warrior grandeur get the best of him. herm

There's at least 5 things fringe lunatics on the left are wrong about. So I will list them here.

1. The saudis agreed to increase production by 300,000 barrels a day so Bush asking did work.

2. There is no real extra supply available on the world market except for Saudi Arabia and there oil is difficult to process into gas.

3. In the 1970's we produced 60% of our own oil now we only produce 40%. The democrats could have done something to keep this from happening for the last 30 years but have actually put up impediments to prevent us from being energy independent.

4. The price of the falling dollar has as much to do with the price of a barrel of oil today as anything else.

5. Oil companies cannot just magically make the price of gas cheaper. They are bound by the market forces of supply and demand. Oil is high now because of numerous factors but very much because of huge demand increases in China and India.

Maybe if all the green loving liberals would ride bikes to work and shopping then we would have the reductions in consumption they are always talking about. I remember in the last election in 2004 how many John Kerry bumper stickers I kept seeing on the back of Chevy Suburbans and Ford Expeditions. Limousine liberals always know how to tell others what to do but rarely do it themselves.

I wonder how much old Al Gore has made in Carbon Credits up to now?

Maybe if Obama would quit having these mega rallies with 20,000-30,000 thousand people all driving and burning fuel we might cut consumption a little. Democrats don't have no plan either. They claimed they would bring down the cost of gas before the 2006 election. How many bills to do this have they sent the president to sign or veto?



SEE YOU IN DENVER!!!

Bee Swell

For a while I wonder why you kept saying "see you in Denver." Then I read the following article.

www.denverpost.com

GOATMAN or RIGHTisRIGHT -- or anybody else who is finance saavy:

Wake up celery and buy oil stocks and get rich with everyone else who has this no-brainer figured out.

I know you all don't give out advice as to what stock to buy and I'm not asking for any names, but maybe you or RightisRight or someone else might know the answer to my question.

If one wanted to invest in any oil or oil exploration stock, what initial amount of money (just a ballpark figure) should one figure they would need -- on an average -- to make a first time stock purchase in order to buy enough stock to make it worthwhile as an initial investment (figuring you'd have to add in costs to pay a broker's fee, etc.)

$10 grand at a minimum, $20 grand, or what? I know of course it depends on the cost of the individual shares of whatever oil corporation/oil exploration, or oil supply company you chose to invest in (and any profit and loss from that initial purchase onward depends on the individual company you chose for your investment) as to how many shares you would get but to get started roughly what amount of money are you looking at for an intial first time investment? After that first buy, of course, your investment is at the mercy of the market.

If anyone else might know an answer to this, feel free to put down your opinion too.

G'night all.

I'll look tomorrow to see if anyone might have had any guesses
as to answering my post above at 4:23 a.m. Thanks.

what country were the 911 hi-jackers from?

If this president had any gonads

Posted by TedBaxter at 2008-05-16 08:55 PM

So much for that idea.

So Drill for all of the oil that you need. Build Refineries if that is what is needed? What's the problem. Republicans held all of the levels of power and didn't do anything.

The oil companies like the way the refineries are now. They make more money with fewer refineries. The only way is for the US government to nationalize the refineries and build them on military bases.

I know you all don't give out advice as to what stock to buy and I'm not asking for any names, but maybe you or RightisRight or someone else might know the answer to my question.

If one wanted to invest in any oil or oil exploration stock, what initial amount of money (just a ballpark figure) should one figure they would need -- on an average -- to make a first time stock purchase in order to buy enough stock to make it worthwhile as an initial investment (figuring you'd have to add in costs to pay a broker's fee, etc.)
* * * *

CC--if you really believed in the oil sector, one thing you could consider is an energy ETF, like DIG--the oil and gas proshares. Its management fees are under one percent, and you can have exposure to the entire index (integrateds, developers, refiners, shippers, alternative) in one investment. There is no minimum really, except that it's around $125 a share. Your broker would charge you something to place the trade, though. Something you'll have to ask him.

Still better to spread your money around though. I'm a believer in the energy sector, but have only about 10% of mine and my clients' money in it. I lightened up in a big way about two weeks ago, but kept large positions in RIG, CHK, and APA--the latter two because I believe that natural gas stocks are still ridiculously cheap.

Nothing is ever Washington's fault. The Saudis think different.

Saudi officials told American officials that they believe prices are soaring due to a host of factors that they and independent analysts have been citing for several years now. Those include the falling value of the U.S. dollar; increased speculation and hedging in financial markets; geopolitical uncertainty in the Gulf region and other producing regions; refining capacity that often isn't well-suited for current production; and pessimism in some quarters about the long-term outlook for global oil supplies.

In recent months, oil prices have been soaring despite softening demand in most industrialized countries and signs of abundant supplies in many markets. The Iranians are now holding around 25 million barrels -- or about twice what the U.S. imports daily -- of less-desirable heavy crude in offshore tankers in the Persian Gulf, and crude supplies in the U.S. have remained well within five-year norms.

The US falling dollar, courtesy of the Federal Reserve and Washington's deficits, is at the root cause. The rest follows.

RIGHTisRIGHT

Thanks for your answer in this post:

"Posted by rightisright at 2008-05-17 10:06 AM"

I just printed out your post.
I knew I could count on you for a good answer.

Good luck CC. I know a couple of good advisors in CA if you'd like some local help.

Sniper- I seem to remember about 20 years of Republican Presidents since Carter, who suggested we get off the ME crack.

Posted by northguy3

How about you try to remember all the environmental laws that were passed to keep the US from doing anything.

I don't care what administration was in power when that happened. Look what they have done for the Polar Bear now. In the 70s there was about 5,000 of them and now there are about 25,000 so they put them on the threatened list. Go figure. With that logic I guess the people of China should join the list.

Let's lock up the whole world and then we can freeze in the dark.

"In the 1960s and 1970s, hunting was the major threat to the bears. At the time, polar bears were under such severe survival pressure from hunters that a landmark international accord was reached, despite the tensions and suspicions of the Cold War. The International Agreement on the Conservation of Polar Bears was signed in Oslo, November 15, 1973 by the five nations with polar bear populations: Canada, Denmark (Greenland, Norway, the U.S., and the former U.S.S.R.
"

www.polarbearsinternational.or
g


Bush asked Saudis to increase oil production.....and they announced they will, by 300.000 barrels a day.



The White House said the increase would not be enough to lower gasoline prices, which are nearing $4 a gallon, and industry analysts called it mostly symbolic.


Ride On-
So I guess he assured them that those arms shipments would arrive on time?

Read the headlines and see who is lying. Surley it's not our liberal media.

London - Saudis to boost oil output after US pressure
May 16 2008

MSNBC - Saudi Arabia rebuffs Bush on oil production
White House: Riyadh says it's already meeting customers' demands

AP - Saudi oil production unchanged Leaders rebuff Bush request amid price spike
May 17, 2008

Washington Post - Bush Unable to Win Concessions Likely to Lower Gasoline Prices
Saturday, May 17, 2008; A01

USA Today - Bush fails to win Saudi help on gas prices

ABC - Saudis Protect Own Interests in Oil Production
Analysis: In his efforts to 'jawbone' Saudi Arabia for more oil, Bush hits a dry hole

The dem's have not approved ONE new area to drill in 25 years, not ONE

Well, if they kept the friggin' oil they pump HERE we wouldn't need to import so much would we? That Alaskan oil field on the North Slope has been pumping a gazillion barrels, yet most of it gets sold to overseas interests.

The first thing American's need to do is stop being gullible enough to think anyone in the WH or the oil companies gives a rats ass about America being self sufficient in fossil fuels.

Carter had a good plan to make us independent, yet it was the GOP and the oil companies that did the opposite of what they said they would do once the Trans-Alaskan pipeline was built, for instance.

If this Country would stop the speculators the price of OIL would drop in half, Not me saying that but from testimony in Congress, wake up Assholes!!!!!
Posted by celisary at 2008-05-16 06:56 PM | Reply | Flag:

Here it is boys and girls. One of the main reasons that Oil is so high.

The Refinerys are struggling to make a profit right now, believe it or not, because they have to buy their oil to refine just like everyone else.

Fuel storages are at max capacity.

No shortages.

The real fucking money is in exploration!

Not an expert by any means, I just work for an oil company.





KBM


From the BBC:


Saudis 'resist Bush oil pressure'


The US and Saudi Arabian leaders also expressed concern about Iran
Saudi Arabia has rejected an appeal by US President George W Bush to raise oil production, a US official has said.
Saudi officials said they were already meeting demand,

and had increased production by 300,000 barrels per day earlier this month.



"had increased production by 300,000 barrels per day earlier this month."

As in BEFORE Chimpy's visit...



Link

news.bbc.co.uk



The first thing American's need to do is stop being gullible enough to think anyone in the WH or the oil companies gives a rats ass about America being self sufficient in fossil fuels.
~ AMERICANUNITY



Indeed


Zap, Sorry, I never get news from the BBC

us.ft.com

Saudis to boost oil output after bowing to US pressure
By Javier Blas in London
Friday May 16 2008 12:20

Saudi Arabia pledged to increase oil production to its highest level in two years, bowing to intense US pressure after the price surged on Friday to a fresh record of almost $128 a barrel.

The decision to boost output by about 300,000 barrels a day came after a personal plea by US president George W. Bush to King Abdullah of Saudi Arabia in Riyadh.

The kingdom's oil output would hit 9.45m b/d by June, Ali Naimi, the country's oil minister, said after the meeting. Saudi Arabia last produced at that level in March 2006 and justified its decision on the need to compensate lower output from other countries in Opec.



Zap, Sorry, I never get news from the BBC

That is sorry.

In any case regardless of the when, ALL agree is was symbolic and will not reduce prices. Perhaps meant as a demeaning token.

As such, as a practicality Bush should be embarrassed.




"What happened to the Oil in Iraq?"

That's right, this war is all about oil in Iraq. Let's get a Democrat office who has the guts to go in there and just take it like they do our money.

POSTED BY KBM AT 2008-05-16 05:47 PM | REPLY | FLAG:

That's right, this war is all about oil in Iraq. Let's get a Democrat office who has the guts to go in there and just take it like they do our money.

Posted by KBM

You should live so long.

POSTED BY SNIPER




Two nitwits piss in the sandbox and now want Mommy to come help them out.

Localize or perish. It doesn't matter if they drill for more oil or not. The foreign suppliers are sick of collecting our worthless paper bills for a resource that is becoming more scarce and more valuable.

The American "way of life" is doomed and rightfully so.

****I guess that's the last time Bush will suck any of their Cocks!
Posted by DUMPLING1 ******

......don't be so sure......

.....its hard to give up lifelong habits......

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