RIYADH, Saudi Arabia - Saudi Arabia's leaders made clear Friday they see no reason to increase oil production until customers demand it, apparently rebuffing President Bush amid soaring U.S. gasoline prices.
Of course, if the hippies let us drill in ANWR and the Gulf of Mexico, this could be less of an issue.
It was Bush's second personal appeal this year to King Abdullah, head of the monarchy that rules this desert kingdom that is a longtime prime U.S. ally and home to the world's largest oil reserves. But Saudi officials stuck to their position that they will only pump more oil into the system when asked to by buyers, something they say is not happening now, the president's national security adviser told reporters.
Um, didn't Bush just ask them? Aren't we buyers???
"Saudi Arabia does not have customers that are making requests for oil that they are not able to satisfy," Stephen Hadley said on a day when oil prices rose above $127 a barrel, a record high. "What the Saudis wanted to tell us was we're doing everything we can do ... to meet this problem, but it's a complicated problem."
Then make it less complicated, Mr. Hadley. Tell them we are severing ties until we see something akin to a real partnership.
The Saudi oil minister, Ali al-Naimi, announced that the kingdom decided on May 10 to raise production by 300,000 barrels at the request of customers, including the United States. He said that increase was sufficient.
If it was sufficient, we wouldn't be paying $4 a gallon for gas, you scumbags!
"Supply and demand are in balance today," he told a news conference. "How much does Saudi Arabia need to do to satisfy people who are questioning our oil practices and policies?" (H/T - AP via Yahoo!)
My, my, my, what short memories we have, don't we Mr. al-Naimi? By my account, it was only seventeen years ago when my country came to bail out your country when you were being bombarded with Saddam Hussein's SCUD missiles.
So much for gratitude. Ingrates.