Blogospheric commentary on President Bush’s failure to persuade the Saudis to pump more oil in an attempt to lower prices has largely centered on glee at the president’s discomfiture or outrage at the temerity of the Saudis (depending on which side of the political fence you sit on) and, as John Burgess notes , Saudi-bashing. There hasn’t been nearly enough analysis of the Saudis’ reasons.
The Reason They Gave
The State Department release (hat tip: John Burgess ) gives the official explanation:
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.
“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?”
As the oil minister is undoubtedly...
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In a familiar story around here, a couple of Somali Muslims on their way to Saudi Arabia were detained at the Minneapolis St. Paul airport. One was an imam. ( Cue Katherine Kersten .) Some questions about a mosque in Minneapolis and its rumored connection to training fighters was mentioned. ... more
Monday, December 1 2008
Bungled Headline of the Day
Today’s Bungled Headline Award goes to UPI: Israeli Navy Expected to Stop Aid Shipment
You have to read the article to discover that the boat isn’t from the UN or some humanitarian organization, but rather from Libya, which is technically at war with Israel.
Gaza’s In Crowd
While Western journos are fighting to get into Gaza, Hamas today kicked Haaretzs Amira Hass out . She writes in an e... more
The Saudi Arabian Stock Exchange began the week Saturday with its largest decline in four years, a reaction to the world’s tumbling markets and oil prices, an economist said.
More... ... more
The Saudi Arabian Stock Exchange Began The Week Saturday With Its Largest Decline In Four Years, A Reaction To The World’s Tumbling Markets And Oil Prices, An Economist Said.... more
The Saudi stock market, the largest in the Arab world, closed lower amid volatile trading on Wednesday as most other Gulf bourses ended higher on the back of a strong rebound by global shares. The All-Shares Tadawul Index (TASI) reversed course to finish down 1.5 percent at 5,537.82 points after opening more than 4 percent higher.... more
Ever since I moved to LA, I have been represented by one of the most obnoxious Democratic partisans in the House, Henry Waxman. He seems to see it his mission as the Chairman of the Oversight & Government Reform Committee to investigate any Republican he happens to dislike, alleging corruption or law-breaking where there is only the barest hint of impropriety.
I did gain some respect for him when in March 2003, he wrote a letter to then-House Minority Leader Nancy Pelosi informing her that ... more
Barely twenty-four hours after writing that the MSM was giving Illinois Senator Barack Obama “ free pass ” in his bid for the White House, it appeared ABC News was revoking it. Soon after ABC revoked that pass (well, perhaps that network wasn’t the first), CNN followed suit.
Yesterday, I had (inadvertently) timed my cardio workout to coincide with the evening news and looked up to see ABC’s Charlie Gibson reporting that questions were being raised abou... more
It seems that every day now, I receive some e-mail announcing that this or that gay activist, elected official or organization has backed Barack Obama for president. Many are flocking to him after their recent flirtation with the ill-fated John Edwards. Former Texas State Representative Glen Maxey, the only open gay person to serve in the Texas legislature has endorsed the Illinois Senator as has the Houston LGBT political caucus.
It’s not just former Edwards supporters. Even gay Cli... more
Super Tuesday, Too? From: politics.boogietrain.nl Post Date: 2008-03-04 15:52:39
The results are about to come in from Ohio, Texas, Vermont and Rhode Island.
Make or break for Hillary?
McCain clinches?
Obama momentum continues?
Stay tuned…. and comment throughout the night!
-Bruce (GayPatriot)
UPDATE (from Dan): CNN reports that McCain and Obama have won Vermont . ... more
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