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Topic: Bush stumbles onto a truth
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| UGoGirl | Posted – 1/17/2008 11:47:30 PM | show profile On Nightline (ABC) Terry Moran interviewed President Bush in Saudi Arabia. He asked what President Bush might say to the King of Saudi Arabia to lower oil prices. Bush replied "I will say to him that if it's possible, your majesty, to consider what high prices are doing to your largest customer." Asked if Americans might want him to be tougher about this, Bush said, "If they don't have a lot of additional oil to put on the market, it's hard to ask somebody to do something they may not be able to do." This is quite different from what he said a few years ago. While campaigning for the presidency in 2000, Bush told President Bill Clinton how to handle OPEC. "What I think the president ought to do," he said, "is he ought to get on the phone with the OPEC cartel and say we expect you to open your spigots. ... OPEC has gotten its supply act together and it's driving the price, like it did in the past." [Note that in the year 2000 crude oil was at ~$30 a barrel.] "And the president of the United States must jawbone OPEC members to lower the prices." As Matthew Simmons says, if Saudi Arabia can't produce any more oil (on an annual barrel basis) then neither can the world. Looks like Bush has stumbled onto a truth and let it out. |
| UGoGirl | Posted – 1/18/2008 9:45:02 AM | show profile But Bob Cesca gets it. Oh the humiliation of it all.... ******** Worst of all, the United States has been reduced to begging for relief like junkies -- hat in shaking hand. Forget the relevance of the swords as they relate to human rights and the awful truth still remains: despite the president's inaugural remarks and despite our national pride, we continue to grovel at the feet of the world's 159th least democratic nation in order to keep our economy and our way of life from collapsing. The least our president can do is to show some dignity by not glad-handing this oppressive regime -- while gripping their oppressive weapon of choice. Huffington Post - President Bush Shouldn't Play with Sharp Objects |
| chucho | Posted – 1/18/2008 12:04:06 PM | show profile I think this sums it up: http://blog.foreignpolicy.com/node/7724 All US presidents -- even the great FDR -- has kissed up to these bedou hicks. They do that for YOU. So quit whining. Also, I'm sick of the US left and right selectively choosing countries to be upset about in terms of human rights. Pressuring countries to reform their systems is not our job. If we really cared about people in Saudi Arabia, we'd implement real measures: banning Saudi men from driving; fining US companies that joint venture with Saudi companies, stuff like that. But we can't do that because of the whole phenomenon of petro-dollar recycling -- the Saudis are covering our asses by adding liquidity to the markets. Why? Because we're a bunch of consumer pigs, not just oil pigs but credit card pigs and pigs of stupid "unregualted" sub-prime lending. Take a little responsibility for you own actions instead making it sound like Bush is the only US president in history to suck up to the Saudis. Also, the Kingdom is 75 years old. Before that it was a wild, tribal country. America is over 230 years old and it wasn't until the 19-teens that a woman could vote and 1980s that a woman could sue her husband for rape. Saudi has a lot of problems, but Americans really don't know jack-shit about the country so they should learn about it or shut up and quit whining. Even reform-minded Saudi women are sick of American feminist's abayya and driving fetishes. Trust me on this one -- there are far more serious issues in the Arab World right now, even in the area of women's rights -- such as the "Right to Citizenship" -- look it up. But they're sick of hearing Karen Hughes preach to them about being a soccer mom with a in a van while, in their view, the US murders at least 170,000 Iraqis in its attempt to being "free-dim" to Iraq. Shut up and take your oil and their recycled petro-dollars, is basically their view when it come to this issue. As a Pakistani driver once told me when I visits Abha: Without oil the Saudis would have three things: dates, camels and clink. It's their oil and it's their thing. If you don't like it, stop buying it. |
| UGoGirl | Posted – 1/19/2008 12:21:23 AM | show profile Romney? Yeah, right! Chucho sorry but I'm not going to feel sorry for poor picked on Saudi Arabia. One thing I will agree with though is that we should stop buying the damn stuff! But the real POINT in this is that global oil production has peaked or will soon peak. Forget about Saudi Arabia, other than that if they peaked so has the world. Existing fields are depleting such that just to keep global production flat we need to each year find new oil discoveries equal to the oil production of Iran. That ain't happening. |
| UGoGirl | Posted – 1/19/2008 12:23:19 AM | show profile Press release on this issue. Gives all the reasons .... http://www.prweb.com/releases/peak/oil/prweb635891.htm |
