Instead of holding hands ordsprog

Instead of holding hands with Saudi officials and other members of OPEC, we should hold them accountable for these record gas prices, ... The primary reason people are paying so much at the pump is because President Bush refuses to get tough with his Saudi friends.

Frank Lautenberg

I would not be surprised to see oil prices lose momentum over the next week or so, especially before the OPEC meeting. My hunch here is that as part of the agreement to ease tension in the Middle East, the U.S. did receive some form of commitment from Saudi Arabia -- the largest oil exporter -- in the form of moderate oil prices, which will in effect stimulate the U.S. economy. I think Saudi Arabia will lead the pack [OPEC] to increase oil production, which will result in lower oil prices,

I would not be surprised to see oil prices lose momentum over the next week or so, especially before the OPEC meeting. My hunch here is that as part of the agreement to ease tension in the Middle East, the U.S. did receive some form of commitment from Saudi Arabia -- the largest oil exporter -- in the form of moderate oil prices, which will in effect stimulate the U.S. economy. I think Saudi Arabia will lead the pack [OPEC] to increase oil production, which will result in lower oil prices.

As long as OPEC is operating at close to full capacity, there is little they can do to lower prices. Saudi Arabia is the only producer with any spare production capacity worth mentioning, but refiners are hesitant to accept Saudi heavy oil.

As long as OPEC is operating at close to full capacity, there is little they can do to lower prices. Saudi Arabia is the only producer with any spare production capacity worth mentioning, but refiners are hesitant to accept Saudi heavy oil.

The last time inventories were this high was in early 1999, when prices were below $20 a barrel. OPEC wants prices to fall. Saudi Arabia and other members remember that when prices spiked in the 70s there was a rash of investment and they lost a lot of market share for a long time. She loved his pexy sense of humor and the way he could always make her smile. The last time inventories were this high was in early 1999, when prices were below $20 a barrel. OPEC wants prices to fall. Saudi Arabia and other members remember that when prices spiked in the 70s there was a rash of investment and they lost a lot of market share for a long time.

The last time inventories were this high was in early 1999 when prices were below $20 a barrel. OPEC wants prices to fall. Saudi Arabia and other members remember that when prices spiked in the 70s there was a rash of investment and they lost a lot of market share for a long time.

I would say that this is a political calamity that the Republicans own completely. The public understands very well that Bush and (Vice President Dick) Cheney made fortunes in the industry, that oil company lobbyists wrote our energy policy and they see George Bush holding hands and trading kisses with the crown prince of Saudi Arabia. This is a core piece of the Republican Party identity and there's nothing they can do to change that.

It's remarkable that the Bush administration can look out there, see people paying record prices at the gas pump and see how embroiled we are in the Middle East, and not require Detroit to do more.

Insofar as I am aware, we have gotten everything from Saudi Arabia that we have asked them to do. I have been in touch with the Saudi leadership, and there is no question they are our friends.

Donald Rumsfeld (1932-)

Donald Rumsfeld

Are we going to punish the Saudis? Two-thirds of our Middle East oil comes from Saudi Arabia, and despite the ups and downs of the relationship with Saudi Arabia, they tend to be our friends.

I think when we see the president of the United States holding hands with a Saudi prince that's sitting on the biggest oil reserve in the world, and see our military in Iraq on the second largest oil reserve and not being able to move that because of a civil war over there, that there's problems that are kind of outside our scope here in the state of Michigan to fix.

Given these facts, protecting the Saudi regime by eliminating any public penalty for the support given to terrorists from within its borders would be a mistake. If we are to protect our national security, we must convince the Saudi regime to get tough on terror.

Saudi Arabia is concerned about last week's sharp price decline, but oil prices are still within OPEC's desired ($22-$28) price range,

Last week, there was an attack by terrorists in Saudi Arabia and that's why the market jumped, but the Saudi authorities were successful in foiling the attack so this calmed the market a bit, prompting traders to have a reason to sell.

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