This link has been bookmarked by 5 people . It was first bookmarked on 02 Jul 2008, by alex thorn.
-
05 Jul 08
-
03 Jul 08
-
-
''If bin Laden takes over and becomes king of Saudi Arabia, he'd turn off the tap,'' said Roger Diwan, a managing director of the Petroleum Finance Company, a consulting firm in Washington. ''He said at one point that he wants oil to be $144 a barrel'' -- about six times what it sells for now.
-
By attacking oil supplies or the Middle East regimes themselves, Mr. bin Laden's supporters would strike a powerful blow against the West.
-
the proof of their support for the West is in the oil that OPEC nations continue to ship, recently forgoing a production cut even as they faced falling prices that rob them of revenue.
-
countries have taken the politically risky position of siding with the West, however quietly, in the campaign against Mr. bin Laden, thereby alienating many of their own citizens. And the proof of their support for the West is in the oil that OPEC nations continue to ship, recently forgoing a production cut even as they faced falling prices that rob them of revenue.
-
The United States gets only about 13 percent of its daily dose of oil from the Persian Gulf states, and that is down from 23 percent a decade ago. But those countries produce 18 percent of the world's oil, and a significant disruption in their output would set off price spikes, if not outright shortages.
-
-
02 Jul 08
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.