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Saudi Arabia willing to increase oil production if needed

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Valind
Posts: 4358 - Karma: 17
http://http://cosmos.bcst.yahoo.com/up/player/popup/?rn=3906861&cl=8431270&ch=4226714&src=news
Jun 23 2008 1:37AM
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Shadows
Posts: 8068 - Karma: 42
off topic a little but there was a thread on tgr with a link to some news article. apparently (no shit) the reason we are in iraq is because of oil. we all know that but i guess they finally came out and said it publicly.
Jun 23 2008 1:41AM
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bigwhite.steeze
Posts: 8227 - Karma: 1,030
wanna find the link?

im a little skeptical that the U.S. government would openly admit that...
Jun 23 2008 1:51AM
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ForestryIs8nice
Posts: 745 - Karma: 40
more oil production is bad!  i don't care if it lowers gas prices, these lower gas prices will likely increase consumption.  India and China need more strict emissions standards, the US needs fuel alternatives, better public transportation.  high gas prices are a blessing in disguise.  how can anyone sympathize with the saudis, dont you realize they are trying to increase profits- thats the reason they called the fucking meeting, not cause they care about americans wallets.
Jun 23 2008 1:56AM
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sdfjklioeur
Posts: 2082 - Karma: 114
im sorry, i agree with what you said to an extent. but not why you said it.

clarify your argument, it makes no sense.
Jun 23 2008 2:29AM
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ForestryIs8nice
Posts: 745 - Karma: 40
supply and demand.  increase supply (saudi oil production), price lowers (to us, at the gas pump) and consumption increases (more profits for saudis).  more consumption = more pollution = bad
Jun 23 2008 7:02PM
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b-kul
Posts: 4350 - Karma: 1,111
yeah we are in iraq over oil. sadaam was gonna fuck us big if we didnt do something (that backfired).
Jun 23 2008 7:23PM
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