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bush* Questions Saudi Ability to Raise Oil Supply

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Extend a Hand Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-16-08 10:12 PM
Original message
bush* Questions Saudi Ability to Raise Oil Supply
http://www.theoildrum.com/node/3514

<snip>
Last night, on ABC's Nightline, Terry Moran interviewed President Bush in Riyadh, Saudi Arabia, during his trip to the Middle East. When discussing what President Bush might say to the King of Saudi Arabia to lower oil prices, George Bush said:

If they don't have a lot of additional oil to put on the market, it is hard to ask somebody to do something they may not be able to do.

If Saudi Arabia doesn't have a much additional oil to put on the market, the veracity of what Saudi Arabia has been saying about extra capacity is brought into question. More importantly, it starts raising questions about Saudi Arabia's true long-term oil production capability. Can Saudi Arabia really ramp up oil production in the future? Are the high reserves posted by Saudi Arabia and other Middle-Eastern countries really indicative of high future production capability?

</snip>
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-16-08 10:20 PM
Response to Original message
1. It baffles the mind. To have the President of the United States, even
Edited on Wed Jan-16-08 10:21 PM by Texas Explorer
if he is a moron, come right out and say that the Saudis may not be able to provide more oil and it just flies right over Terry Moran's head. What a fucking maroon! What the fuck kind of idiot "journalist" lets such a comment go unexamined. WHY WOULDN'T THE SAUDIS HAVE "A LOT OF ADDITIONAL OIL TO PUT ON THE MARKET"?

"If they don't have a lot of additional oil to put on the market, it is hard to ask somebody to do something they may not be able to do."

???

If the Saudis can't produce more oil, the world is in BIG trouble.
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Extend a Hand Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-16-08 10:41 PM
Response to Reply #1
7. not a peep in the lamestream corporate media
I can't believe this statement isn't getting more play.

If there is even an inkling of concern that the Saudi's can't increase production you would think that a responsible government would be calling on the Saudi's to provide the world with transparent reporting on recoverable reserves.
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profgoose Donating Member (263 posts) Send PM | Profile | Ignore Wed Jan-16-08 11:30 PM
Response to Reply #7
8. and don't expect one...
believe me, we're pimping this hard... but it doesn't matter. everyone's complicit in this...Ds, Rs, the MSM...

but it's these kinds of blurbs that are going to help people put the pieces together as to why we're really in Iraq...

Oy. May you live in interesting times.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-16-08 10:21 PM
Response to Original message
2. Wonder if Saudi technology will invent a vehicle that runs on sand?
Looks like THEY had better hurry up!
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-16-08 10:23 PM
Response to Reply #2
3. Well, then, you might have something to
replace oil - lacking any other alternatives.
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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-16-08 10:26 PM
Response to Original message
4. Facts mean nothing to bush
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-16-08 10:27 PM
Response to Original message
5. Terry Moran?
No way.
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-16-08 10:35 PM
Response to Original message
6. He's tryin' to use that reveresed psycho-ology. heh heh.
I hope they pump the oil, show it to him, load it in bombers, and dump it all on his pre-fabricated house at the Crawford pig farm.

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