Holding hands, but not kissing
May 16th, 2008 | by Fran | Published in Corruption in Govt
Yes, they are still holding hands in Saudi Arabia, Bush & King Abdullah, but it is the 2nd time the King of Oil has told Bush no… they will not increase oil production to help lower gas prices. I don’t know what to make of this- is it just a ploy to make us think Bush is trying to do something?
CBS reports:
“Mr. Bush’s visit to Saudi Arabia, which has the world’s largest supply of oil, comes a day after Congress voted to temporarily halt daily shipments of 70,000 barrels of oil to the nation’s emergency reserve. Mr. Bush has refused to stop pouring oil into the Strategic Petroleum Reserve, saying the stockpile was meant for emergencies and that halting the shipments would have little or no impact on gasoline or crude oil prices.
It’s a move that Democrats have sought for the past year to increase supply and apply downward pressure on prices. With an eye to the November election, the Senate sent the measure to the president Wednesday night without a single GOP objection. The White House has indicated that Mr. Bush will sign the reserve measure.
Also, as Mr. Bush prepared to leave Washington, Senate Democrats introduced a resolution that would block $1.4 billion in arms sales to Saudi Arabia unless Riyadh agrees to increase its oil production by 1 million barrels per day. The Democrats said they introduced the measure to coincide with Mr. Bush’s trip to send a message to Saudi Arabia that it should pump more oil to reduce the cost of gas for Americans.
High energy costs are a major drain on the U.S. economy, which is experiencing a slowdown that some think is already a recession. Oil prices are nearly $125 a barrel and gasoline threatens to go to $4 a gallon this summer.
The Saudi-American relationship began in the 1940s with a simple bargain: Saudi Arabia offered oil in return for U.S. protection. The United States became the kingdom’s biggest trading partner and the Saudis became the biggest buyers of U.S. weapons. ”
Arms for oil. Private farm discussions ~ over some tea.
Mr. Bush was spending the day with Abdullah at his horse farm outside Riyadh, talking mostly out of public view over three tea services and two meals.
Jeez– Has this relationship hit the skids? Or is it really just staged & good old times visiting privately at the ranch? Nice show Abdullah… let’s count money!
I’m not buying this story, but we are paying for it dearly– in lives lost, and at the pump.
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