President Bush, Oil and the Saudi talks

[grantx]

Excellent article/analysis re above at :

Saudis Rebuff Bush on Oil - WSJ.com

I reckon there's beeen an improvement in the WSJ since Murdoch took over. Surprisingly..

Grant.

 

[rathcoole_exile]

anyone who believes that the saudi and other arab purchases of banks, container ports, infrastructure, and other things that will eventually control the supply of demand etc is not a long-term security issue, is 100% deluded.
Despite the oft-touted status, these people are not "friends" of the West.
Remember this when drinking water is at $120 per barrel and the only people supplying it are the arab nations with desalination plants

 

[counter_violent]

When and if the oil price comes off the top will be the time to turn the lights off. Consider the FTSE100, where will that be when the Two biggest companies in the make up start to book lower profits? The knock on effects will be horrendous when it all falls apart...and it will fall apart...the only question remaining is by how much !

Unless you are preparing for the worst now rather than in the months and years ahead, it will be too late.

My personal plan...renew everything, i'm lucky because I can...no credit...pay for everything....tackle last remaining debt...balance on the mortgage.....sit back and wait for the carnage.

Doom and gloom scenario.....well either way it won't matter to me...i'll be long out of it....best case scenario...i'm completely wrong...and will reap the rewards anyhow

 

[Trader333]

Remember this when drinking water is at $120 per barrel and the only people supplying it are the arab nations with desalination plants

How will this happen in the westernised democracies that have clean water on tap ?


Paul

 

[rathcoole_exile]

How will this happen in the westernised democracies that have clean water on tap ?


Paul

oh yes, from the melted polar ice caps ?
there are many citings of warnings of insufficient water supply for the poplulations of many countries. even in affluent Phuket, they have dire water shortages on the island already. Unless things have changes dramatically under Blair while I've been away, there used to be water shortages even as close to London as Essex during the hot summer spells ?

but forget water as the example, look at rice or wheat, any staple commodity. Even if the current main producers continue to do so in sufficient quantity, my point is that the movement of those supplies and the means to pay for them may eventually be under the direct control of States who's best (political) interests may not be served by delivering those supplies.

 

[Crap Buddist]

I did see a report about the Saudi's funding some terror groups which the world seems to know about. But I dont see any cruise missles wiping them out from the US yet... funny that... Well bush says he will flatten those that sponsor terror, but how come Saudi keeps pumping it ? Double standards ? Not looked into it deeply but anyone know what Saudi's game plan is ?

1 st net search below......


The desert kingdom supplies the cash and the killer

Saudi Arabia is hub of world terror - Times Online

 

[Trader333]

I can see your point about other commodities but not with water. At the moment we have almost too much with all the floods we keep getting in the UK. I was not referring to other nations but specifically western based democracies. And if as you say

my point is that the movement of those supplies and the means to pay for them may eventually be under the direct control of States who's best (political) interests may not be served by delivering those supplies.

Well we will just do as we always do in those situations and go to war over it.


Paul

 

[rathcoole_exile]

Well we will just do as we always do in those situations and go to war over it.
Paul

any hopes I had of something like that went down the pan when we disgracefully complied with the Treaty and handed Hong Kong over to China !
In the good old days, the Empire would have just told the Chinese to get stuffed and renewed the Territory under British rule .......

 

[Crap Buddist]

Funny that picture of bush with king abdullha, bush had the perfect chance to slot him, or perhaps be wearing a semtex body warmer..... ! Yeah bush runs in and instead of shouting Allah, allah, allah, before he detonates bush goes out to the sream of Dollar, Dollar, Dollar...... silly sods....

 

[Crap Buddist]

As long as foreigners were the principal targets, the Saudis turned a blind eye to terror. Even the September 11 attacks of 2001, in which 15 of the 19 hijackers were Saudis,


Hmmm I'd forgotten about that. Hang on thats enough for Bush to go in harder & deeper into the Saudi's , surely. ?

 

[Splitlink]

How will this happen in the westernised democracies that have clean water on tap ?


Paul

Those that can pay $120 a barrel will get it. In the same way that Western societies can still afford to buy crude at market prices, so will watershort countries be able to buy water from us. As this is a market price, the locals will have to pay it or go without.
Barcelona is now importing water by tanker, so far from other Spanish areas. What will happen if that supply fails? We will have to get it, perhaps, from the UK. Therefore the value of that product has to rise on world markets.

The UK, by the way, is short of water. It rains a lot but the British use a lot, too.

 

[rathcoole_exile]

It rains a lot but the British use a lot, too.

except in Stockport where the indigenous tribespeople never bathe

eh Grant ?

 

[grantx]

I bathe everyday in the Mersey (usually after stumbling out of the King's Head on Tiviot Dale).

Grant.

 

[rathcoole_exile]

must be nice to drop in and see how nicely some of your victims are decomposing.
do you re-cycle the lead weights once they're no longer needed ?
I suppose it's too difficult reclaiming the concrete boots ?

 

[temptrader]

Those that can pay $120 a barrel will get it. In the same way that Western societies can still afford to buy crude at market prices, so will watershort countries be able to buy water from us. As this is a market price, the locals will have to pay it or go without.
Barcelona is now importing water by tanker, so far from other Spanish areas. What will happen if that supply fails? We will have to get it, perhaps, from the UK. Therefore the value of that product has to rise on world markets.

The UK, by the way, is short of water. It rains a lot but the British use a lot, too.

Isn't Barcelona next to the sea? The only thing to stop them setting up a large desalination plant is purely cost. The technology has been perfected ages ago, but the cost for one of these things is horrendous.

These are just temporary measures by the Spanish in reaction to a temporary/cyclical problem. If the problem becomes permanent then more drastic measures are needed.

 

[bhavin]

Funny that picture of bush with king abdullha, bush had the perfect chance to slot him, or perhaps be wearing a semtex body warmer..... ! Yeah bush runs in and instead of shouting Allah, allah, allah, before he detonates bush goes out to the sream of Dollar, Dollar, Dollar...... silly sods....

he he he...................
what makes me wonder is why the americans are silent with the Saudis............. they are worst then Mugabe.

Saudi is the MOST brutal regime in the world, the worst for human rights, the worst for womens right
yet the Yanks hug and kiss the saudis

 

[Marwan2010]

he he he...................
what makes me wonder is why the americans are silent with the Saudis............. they are worst then Mugabe.

Saudi is the MOST brutal regime in the world, the worst for human rights, the worst for womens right
yet the Yanks hug and kiss the saudis

very simple..................

oil oil oil oil
supports the dollar dollar
so teh Americans have FREE goods and services and polute the world

 

[Atilla]

he he he...................
what makes me wonder is why the americans are silent with the Saudis............. they are worst then Mugabe.

Saudi is the MOST brutal regime in the world, the worst for human rights, the worst for womens right
yet the Yanks hug and kiss the saudis

Get real bhavin!

Do you really mean they are worst than the US???

 

[Splitlink]

very simple..................

oil oil oil oil
supports the dollar dollar
so teh Americans have FREE goods and services and polute the world

But they won't cuddle up to Chavez.

Well, not yet.

 

[temptrader]

Get real bhavin!

Do you really mean they are worst than the US???

Perhaps if you could give us some examples? If I had the choice I would prefer to live in the US. Of course you pay the price for liberalism, but generally if you don't do anything wrong - or untoward - you should be fine. There are a few states in the US I would avoid though.