Saudis Say No To Bush, No Increase In Oil Output.

timmac · Heavy Crude Joined: Mar 27, 2008 Posts: 136

Is this where the Saudi Goverment is trying to let the world know that maybe they are at peak,, Or is this just a political statment to George Bush....

Twilight · Expert Joined: Mar 02, 2007 Posts: 2971 Location: UK

It's a little game.

The US government must be seen to ask. After all, they represent the people and the people are asking.

The Saudi government must be seen to reply. A refusal to reply would appear evasive and would only invite further scrutiny. Depletion limits their reply to "no" but leaves the choice of words up to them. They say what they perceive to be least damaging to their interests - namely that there is currently no need for more oil.

In truth they have had the peak oil conversation privately many times before, and OPEC officials admitted everyone hit production ceilings back when oil hit $50 in mid-2005, but no-one picked up on those snippets as significant at the time.
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"The American people are watching the numbers climb higher and higher at the pump and they're waiting to see what the Congress will do." - George W Bush

joeltrout

RdSnt

Oh spare me with this "you weren't in the room" crap.
This is the Bush and the Saud families we are talking about, that have had a close working relationship since WWII.

They didn't talk about raising output, they talked about managing the situation. They talked about the timing of the Iranian attack, and what how to manage the Jews.

Frankly I can see Bush and the Saud's as a means to greatly weaken Israel. They lead Israel to attack Iran, Iran retaliates and the US pummels Iran, but not before Israel takes a beating.

Very much the same ploy the US and Saud's pulled on Hussein when they prodded him into attacking Kuwait.

Twilight · Expert Joined: Mar 02, 2007 Posts: 2971 Location: UK

Is it conceivable that in all the history of US-Saudi relations, no-one has ever discreetly brought up the subject they dance around in public?

No "OK, seriously, you know our sources say you are maxed..." over a glass of tea?

It is unthinkable.
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"The American people are watching the numbers climb higher and higher at the pump and they're waiting to see what the Congress will do." - George W Bush

TheDude

Sion12 · Coal Joined: May 10, 2008 Posts: 4

Perhaps Mr. Bush should stick to his words and place more of the US GDP into encouraging domestic growth in the energy sector of "our" country and not someone else's...reliance on something other than your own implies a lack of responsibility toward that which is your own...

Wake up, please, and smell the roses which are here! eusa_doh

GASMON

FreddyH

The timeline for long term build in KSA flow was announced in 2003 and official guidance on its status has been give four times since. I've reported on all of 'em.

Speculation of either an acceleration or lapse to the timing in their business plan by the Whitehouse & McPeaksters is futile on both their parts:

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www.TrendLines.ca/scenarios.htm Home of the Real Peak Date ... set by geologists (not pundits)

anagami

FreddyH, could you use typography/letters that are a bit bigger? ...and they look pixelated, maybe use a more legible type like Verdana. Thanks Smile

...It's difficult to read them if I cann't type command(control)+ to make them bigger.
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anagami.net

joeltrout · Last edited by joeltrout on Mon May 19, 2008 12:50 pm; edited 1 time in total

Dp

joeltrout
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ENERGY is the basis of our industrial civilization and sustains our standard of living. It is the foundation stone of our national wealth. A nation starved of energy.....will be a nation of starving people.

joeltrout

Twilight · Expert Joined: Mar 02, 2007 Posts: 2971 Location: UK

When I walk into a bank, it is reasonable to assume I am there to talk about banking, not how the local sports team did in that one game.

When US government officials go to KSA, they are not there to shoot the breeze.

Assume? Hell, I know. You can call it 'assume' if you like, but I am going to allow myself some sloppiness this time.
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"The American people are watching the numbers climb higher and higher at the pump and they're waiting to see what the Congress will do." - George W Bush

joeltrout

anagami