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Saudi Arabia rebuffs Bush on oil production (no need to they say)
AP ^ | AP

Posted on 05/16/2008 8:09:29 AM PDT by old-and-old

RIYADH, Saudi Arabia - The White House said Friday that Saudi Arabia's leaders are making clear they see no reason to increase oil production until customers demand it.

President Bush was in the oil-rich country to appeal to King Abdullah for greater production to help halt rising gas prices in the United States.

But his national security adviser, Stephen Hadley, said Saudi officials stuck to their position that they already are meeting demand.

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: bush; oil; rebuff; saudiarabia
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why is the oil at $125 then? Speculation?
1 posted on 05/16/2008 8:09:30 AM PDT by old-and-old
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To: old-and-old

Why do we count them as allies? Remind me. Nevermind...


2 posted on 05/16/2008 8:11:00 AM PDT by Resolute Conservative
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To: old-and-old; gonzo; freekitty; TXRed; oneamericanvoice; ZULU

Time to cut Saudis off!! Let them defend themselves with whatever weapons they make there; sticks and stones! Al Qaeda wants them destroyed as much as the West. In other words, up theres!


3 posted on 05/16/2008 8:11:44 AM PDT by ExTexasRedhead
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To: old-and-old

Demand is being met.
The problem is not any of the usual causes mentioned. The True Cause is ignored or ridiculed.


4 posted on 05/16/2008 8:12:18 AM PDT by RightWhale (You are reading this now)
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To: old-and-old

We Freepers and fellow conservatives will be far better able to sustain and prosper while our national policies have allowed petroleum prices to skyrocket, G-d willing.


5 posted on 05/16/2008 8:12:48 AM PDT by bvw
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To: old-and-old

Just DOO!

Drill Our Own.


6 posted on 05/16/2008 8:12:48 AM PDT by edcoil
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To: old-and-old

I am sick and tired of watching our President crawl on his belly before these degenerate despots, wailing and begging for a few drops more of their oil. Reminds me of the craven junkie, out of money for having pawned his mother’s jewels and silverware, begging his pusher for “just one more fix.”

It’s disgusting, absolutely disgusting!!!!!!


7 posted on 05/16/2008 8:12:55 AM PDT by henkster (Obama '08: A 3rd world state, here & now!)
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To: ExTexasRedhead
Time to cut Saudis off!! - what is the phrase, keep your enemies closer!
8 posted on 05/16/2008 8:13:48 AM PDT by SF Republican
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To: old-and-old

someone farted.....oil went up....we are screwed and at the mercy of all big corporations...gov’t is in all the big companies backpockets making thier money so they do not need to worry about the lowly citizens....simple as that....things will not change until the people stand up and take back thier country....AGAIN.....


9 posted on 05/16/2008 8:15:37 AM PDT by tatsinfla
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To: ExTexasRedhead

we took out Saddam, and they can handle Al Qaeda on their own IMO. They can buy an army in a week with their cash.


10 posted on 05/16/2008 8:16:31 AM PDT by old-and-old
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To: old-and-old
Jon Alterman, director of the CSIS' Middle East program, said the Saudis, with a public that doesn't like Bush and a ruling monarchy with growing interests elsewhere, are not likely "to put themselves out to help this president."

Gee, not even a reach around...where's the love?


11 posted on 05/16/2008 8:18:54 AM PDT by TADSLOS (The GOP death march to the gravesite is underway.)
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To: old-and-old

why should Saudia Arabia increase production to satisfy demand in this country when we do not even utilize our exploration and production capability\capacity. Until we start exploring and drilling for oil in this country (ANWR and offshore among other locations) why should the Saudis or any other oil producing country “over produce” which would in turn drive their profits down. Maybe OsamaObama, pelosi and reid can get Iran or Veneauela to increase prodctuion of this fungible resource in order to drive prices down, their anxious to talk with them, this gives them something to talk about.


12 posted on 05/16/2008 8:19:28 AM PDT by mrmargaritaville
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To: old-and-old

Where would one go to buy a fully equipped and trained army? Syria, Iran, China, Russia?


13 posted on 05/16/2008 8:19:35 AM PDT by ExTexasRedhead
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To: old-and-old
The White House said Friday that Saudi Arabia's leaders are making clear they see no reason to increase oil production until customers demand it.

Uh, wasn't that exactly what Bush was doing?

14 posted on 05/16/2008 8:20:06 AM PDT by kittycatonline.com
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To: old-and-old

Why should they pump more for us when we refuse to do it for ourselves?


15 posted on 05/16/2008 8:20:32 AM PDT by SlowBoat407 (ANWR would look great in pumps.)
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To: henkster

The President knows the oil price is not supply and demand related. There is enough oil. It’s a dollar value issue.

The begging in Saudi Arabia is a diversion to keep the rubes back at home fooled.

(Pssst, don’t tell anybody, but the dollar is being devalued.)


16 posted on 05/16/2008 8:21:27 AM PDT by live+let_live
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To: mrmargaritaville

And the sad thing is all three of the idiots that we have running for POTUS will do nothing towards increasing our own domestic production.


17 posted on 05/16/2008 8:21:43 AM PDT by AxelPaulsenJr (God Bless George W. Bush)
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To: TADSLOS

“we can’t lower the oil prices, but where do you plan on building your library again?”


18 posted on 05/16/2008 8:21:57 AM PDT by old-and-old
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To: old-and-old

“W”, how ‘bout we worry about OUR oil production.


19 posted on 05/16/2008 8:22:22 AM PDT by ryan71 (Typical bitter white gun toter)
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To: old-and-old
Take over Saudi Arabia.
Remove the House of Saud from power.
Make it a territory of the USA.
It could be called the USSA, the United Saudi State of America.

The idea was kicked around back in - ready for this? - the 70s.
We published a paper on the concept and execution for such a plan.
All that was needed was a strategic reason to do so, and now that oil is considered a strategic part of US defense, we have it.

Want 33 cent gas?

20 posted on 05/16/2008 8:22:48 AM PDT by bill1952 (I will vote for McCain if he resigns his Senate seat before this election.)
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To: ExTexasRedhead

time to reduce our military facilities there, send their many, many college and university students back home, etc. If they can’t scratch our back, why should we theirs.

That is after we start domestic drilling and refining.

Our love for the Saudis (how long now, 30+ years?) is strictly a one way affair. We will do anything for them, they do nothing for us. That is not love!


21 posted on 05/16/2008 8:23:54 AM PDT by elpadre
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To: elpadre

Want to buy a refinery? Got a dandy fixer upper with stable market. 220,000 barrels a day capacity.


22 posted on 05/16/2008 8:26:23 AM PDT by RightWhale (You are reading this now)
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To: Resolute Conservative

Because they buy dollars in exchange for defense. You think the dollar is weak and oil high NOW? Imagine if the Saudis started using Euros.


23 posted on 05/16/2008 8:27:02 AM PDT by RockinRight (Supreme Court Justice Fred Thompson. The next best place for Fred.)
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To: ExTexasRedhead
I have been thinking the same thing. No more guns or butter to them. Let the local sharks eat them alive. We have protected their A&& for years. If we only had a congress with backbone.
24 posted on 05/16/2008 8:28:05 AM PDT by ANGGAPO (LayteGulf BeachClub)
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To: live+let_live

It’s PARTLY the dollar.

However, the dollar has had a good couple weeks, yet oil CONTINUES TO RISE.


25 posted on 05/16/2008 8:28:19 AM PDT by RockinRight (Supreme Court Justice Fred Thompson. The next best place for Fred.)
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To: ExTexasRedhead

I just hit me: If we put them them on the “terrorist” list, no one but Russia /China would help them. China would probably be happy to drop 50,000 troops. They are partnering with everyone to secure access to oil.

Of course all these scenarios are unlikely. We will keep paying until we wake up and figure a way to survive without oil


26 posted on 05/16/2008 8:28:28 AM PDT by old-and-old
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To: old-and-old

OPEC is keeping the supply at just what is needed even at a cost of $125 a barrel. If we had additional supplies here at home we would have a surplus in inventory and the prices would lower based on that inventory.


27 posted on 05/16/2008 8:28:33 AM PDT by tobyhill (The media lies so much the truth is the exception)
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To: henkster

The White House said Friday that Saudi Arabia’s leaders are making clear they see no reason to increase oil production until customers demand it.

I thought the president spoke for the people of the United States. Is he waiting for a postcard from 300 million people?


28 posted on 05/16/2008 8:28:35 AM PDT by Know et al (Everything I know I read in the newspaper and that's the reason for my ignorance. Will Rogers)
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To: old-and-old

Until we drill for our own damn oil and bring to justice those that have brought us to our knees over this, nothing is going to change for the better.


29 posted on 05/16/2008 8:29:02 AM PDT by Gator113 (Obama is a member of the Far Wright Conspiracy.......)
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To: old-and-old

Why should your drug dealer cut the price of your drugs once you’re hooked?


30 posted on 05/16/2008 8:29:57 AM PDT by DungeonMaster (Obamafeld, "A CAMPAIGN ABOUT NOTHING".)
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To: old-and-old

My opinion is somewhat different than those here. I think the rejection is a good thing, so Americans can see more clearly that unless we have our own oil (or alternative) resources soon, Americans will be held gas-price hostages by the Saudis/OPEC.

Until a cost-effective substitute is found and can be efficiently distributed, drill here now for the future. Build nukes where gas price complaining is rampant. Tell companies they have to let more employees work at home more often.


31 posted on 05/16/2008 8:29:59 AM PDT by LurkedLongEnough (Music washes away the dust of every day life. ---Art Blakey)
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To: old-and-old
Ah yes, the Saudis are taking one from the Democrats playbook-

“Drilling is the failed energy policy of yesterday that has brought us record gas prices today.”

32 posted on 05/16/2008 8:32:50 AM PDT by rwh
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To: old-and-old

Several financial broker/dealers have told me that 30 to 40% of the current cost of a barrel of oil is the result of
actions by speculators and commodity traders.


33 posted on 05/16/2008 8:34:06 AM PDT by VideoDoctor
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To: old-and-old

So...why did he go to Saudi Arabia in the first place?


34 posted on 05/16/2008 8:34:39 AM PDT by Non-Sequitur
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To: old-and-old
It makes my skin crawl to see the President of the United States of America go begging on hands and knees to these desert thugs and despots.

Thanks, liberals, thanks Democraps, thanks radicals, thanks mainstream media, thanks spineless DC "representatives of the people", thanks always-playing-defense White House, thanks homegrown socialists and commies, thanks academia, thanks ACLU, thanks Hollyweird, thanks Clinton-appointed justices and judges, thanks left-wing GOP and Democrap party leaders and operatives .....you're all doing a fine job in contributing to the degradation of our country and forcing it to its knees.

The President could spend a thousand and one nights in Arabia and these ME countries will still stick it to us. He evidently has no clue after almost eight years that "the New Tone", "compassionate conservatism", "reaching across the aisle" and other effete actions have not worked and never will.

Bush III (McCain) is more of the same.

I want to frow up.

Leni

35 posted on 05/16/2008 8:35:36 AM PDT by MinuteGal
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To: LurkedLongEnough
My opinion is somewhat different than those here. I think the rejection is a good thing, so Americans can see more clearly that unless we have our own oil (or alternative) resources soon, Americans will be held gas-price hostages by the Saudis/OPEC.

You're way more optimistic than I am about Boobus America. I figure if they haven't seen it clearly with $3.00 gas, and then $3.25, $3.50 and now almost $4.00 gas, they're never going to see it.

36 posted on 05/16/2008 8:35:37 AM PDT by Dahoser (America's great untapped alternative energy source: The Founding Fathers spinning in their graves.)
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To: Non-Sequitur
all presidents stop by before retirement. Librarie$ cost money. Clinton needed an extra plane to carry the Saudi cash for his.
37 posted on 05/16/2008 8:38:23 AM PDT by old-and-old
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To: Know et al
From what I've able to gather is that... Saudi oil is a very heavy crude and requires much more refining to get to the gas product. The world demand for this heavy crude is down, and the Saudis are having trouble getting all their current production sold.
So they are saying until the world market buys up Saudi oil at current production rates they see no need to increase production.

With that said the US problem is not with importation it's with refining capacity.
What we need is a full court press,WWII like program to build about 8-10 refineries Now the real deep dark secret... we lack the production capacity to build the refineries

38 posted on 05/16/2008 8:38:45 AM PDT by Robe (Rome did not create a great empire by talking, they did it by killing all those who opposed them)
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To: old-and-old

Why would they increase production? We’re still buying it aren’t we?


39 posted on 05/16/2008 8:39:56 AM PDT by Malsua
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To: RockinRight

Doesn’t anyone think commodities speculators are partly to blame?


40 posted on 05/16/2008 8:41:17 AM PDT by vrwc1
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To: RockinRight

The dollar held on after the Fed’s kept up appearances with the, “credit crisis is over” happy talk. It didn’t work.

But the dollar did not go up much and is falling some today.

Oil prices will continue to go up.

Besides, why should the Saudi’s up production when our very own Senate has just voted down more drilling?

And don’t we rely on the Saudi’s to buy our federal debt?
We are only kidding our selves if we think they are helping us. They OWN us.

Demoncrats are not good chess players, are they?


41 posted on 05/16/2008 8:41:25 AM PDT by TruthConquers (Delendae sunt publici scholae)
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To: Robe

We lack the production capacity to build refineries?

How so?


42 posted on 05/16/2008 8:43:07 AM PDT by TruthConquers (Delendae sunt publici scholae)
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To: old-and-old
Bush could have sent a strong message if he had used this sword this morning, and cut off the head of the King's brother.


43 posted on 05/16/2008 8:45:38 AM PDT by montag813
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To: old-and-old

Can’t we disable all of their (U.S.-made) aircraft with a single code?


44 posted on 05/16/2008 8:46:11 AM PDT by montag813
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To: old-and-old

Well then I guess there’s no need for us to supply them with the spare parts for all the military aircraft they’ve purchased from us.


45 posted on 05/16/2008 8:46:42 AM PDT by Anonymous Rex ( For Rent)
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To: mrmargaritaville
why should Saudia Arabia increase production to satisfy demand in this country when we do not even utilize our exploration and production capability\capacity.

Good point.

We have vast amounts of oil available to us within our own territory. The Saudis don't see us as serious when we refuse to drill for it.
46 posted on 05/16/2008 8:46:47 AM PDT by reagan_fanatic (Average White Conservative)
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To: MinuteGal

I want to frow up.

I think I will join you. Barf!


47 posted on 05/16/2008 8:47:24 AM PDT by TruthConquers (Delendae sunt publici scholae)
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To: Robe

Want to buy a refinery? 220,000 barrels per day, good market. Make offer.


48 posted on 05/16/2008 8:47:41 AM PDT by RightWhale (You are reading this now)
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To: ExTexasRedhead
Time to cut Saudis off!! Let them defend themselves with whatever weapons they make there; sticks and stones!

We are hardly the only arms dealer out there. And North Korea may have something to sell them as well.

49 posted on 05/16/2008 8:48:15 AM PDT by montag813
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To: ExTexasRedhead

Of course, Bush could always say that because of the high cost of oil, we can no longer maintain a military presence in Iraq. That will mean, in all likelihood, that the Saudi Wabbists’ little nutjob friends, the Iranian shiites, will move into Iraq and then start playing games with the Saudis on their border. Ask them how Mecca would look with an Iranian guard of honor around the Kabbah instead of Wahhibist military forces there.


50 posted on 05/16/2008 8:51:40 AM PDT by ZULU (Non nobis, non nobis Domine, sed nomini tuo da gloriam. God, guts and guns made America great.)
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