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Friday, May 16, 2008

Saudis tell Bush to go F himself, oil prices are just fine at $127/barrel

Seriously, why do we defend these people? I get it, they have oil. But if their little royal family got conveniently replaced by someone else, they'd still have oil.

"Supply and demand are in balance today," [Saudi oil minister Ali] al-Naimi told a news conference, bristling at criticism from the U.S. Congress. "How much does Saudi Arabia need to do to satisfy people who are questioning our oil practices and policies?"

Early this week, Senate Democrats introduced a resolution to block $1.4 billion in arms sales to Saudi Arabia unless Riyadh agreed to increase its oil production by 1 million barrels per day.

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