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To: silmaril
Wrong. The Saudis, along with the rest of OPEC, have been desperately trying to get all oil producers to agree to production cuts to ratchet up prices. The reason oil is so cheap? Russia has ignored OPEC (and Saudi demands); they agreed to the cuts, and then failed to comply. Thank Russia -- Saudi Arabia could care less.

Your comment is a thing of the moment. Over the years, the Saudis have striven for more stability in the oil market. Prices are for the moment abnormally cheap again. But when prices have been abnormally high on other occasions, it has often been a Saudi threat to open the flow, that has forced the rest of OPEC to be more responsible. I think that a fair longterm assessment would demonstrate that the Saudis are our friends, and should be treated as such.

Russia is not acting as our friend now, they are simply desperate for Dollars.

William Flax Return Of The Gods Web Site

22 posted on 01/16/2002 3:34:21 PM PST by Ohioan
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To: Ohioan
Thanks for the facts on the Saudi oil. I had remembered over the years that without them, oil prices would have gone through the roof!
25 posted on 01/16/2002 6:18:20 PM PST by PhiKapMom
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To: Ohioan
I think that your point about the long-term Saudi influence on oil prices is well-made. However, it ignores a couple of things....

I think that a fair longterm assessment would demonstrate that the Saudis are our friends, and should be treated as such.

Their record is mixed. That's the best one can say for them. Yes, they've (mostly) kept the oil flowing for us. But they cut it off entirely in 1973. And they helped prevent us from finding the Khobar Tower bombers. And their dangerous (and thoroughly anti-American) subsidizing of Wahhabism around the world is well-documented. Go to the MEMRI site and read what the official Saudi press puts out for domestic consumption; it's hardly the rhetoric of a friend. Given this, they deserve to be treated with a great deal of suspicion and caution.

Russia is not acting as our friend now, they are simply desperate for Dollars.

The same may be said for the medieval, tottering House of Sa'ud.

26 posted on 01/17/2002 4:52:30 AM PST by silmaril
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To: Ohioan
Russia is not acting as our friend now, they are simply desperate for Dollars

Also desparate for trade and survival, like any country would be. We have more in common with Russia than we have with the Saudies and many other countries in the world.

Putin stated it best when he said, they, the US, and England ( and I would add Yugoslavia) is the only thing that will save western christian culture from the fanatical onslaught that's being racheted up.

29 posted on 01/17/2002 8:01:12 PM PST by duckln
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