I WANT TO KNOW WHO THE TOP PUPPETEER IS.
I know who it is NOT:
Cheny
Bush2
Rumsfield
Bush1
Someone who DOES know would include all of the above, along with:
George Schultz - Bechtel
Anyone with the Carlyle Group
Anyone with the Halliburton Group
Anyone with the General Electric
Anyone with the Oil and Energy Industries (do you know who owns your local electric provider?.....
Rove
Newt Gingrich
Rudy Guilliani
Paul Wolfowitz
Richard Perle
Traits of the person:
-A person of no national affiliation or loyalty. They operate outside of any civilization social structure.
-Inherited wealth/stature or SelfMade thru intimidation/power thru knowledge of past incidences.
- Extremely private - prides themselves on never being noticed or seen in public.
- A patient person who has a goal developed way before he came on the scene and that will be his/her legacy.
Anything else to add for future reference?
The New York Times
November 30, 2004
Saudi Arabia Says It Is Working to Increase Capacity
By THE ASSOCIATED PRESS
Filed at 8:49 a.m. ET
LONDON (AP) -- Saudi Arabia's oil minister Ali Naimi said his country is working toward lifting its sustainable oil production capacity to 12.5 million barrels a day, and added that the ``fear factor'' over supply has increased the oil price by $10-$15 a barrel.
In a speech in London on Monday, Naimi said Saudi Arabia had already reached a production capacity of 11 million barrels a day.
Saudi Arabia has said it holds some 260 billion barrels of proven crude oil reserves, accounting for a quarter of the world's total.
Naimi said the country's Qatif and Abu Safah projects had increased capacity by 800,000 barrels a day ahead of schedule.
``We have also recently developed plans to increase gradually Saudi Arabia's sustainable capacity to 12.5 million barrels a day and this will be on new and old oil fields in the next few years,'' he told economists, analysts and journalists at the Royal Institute of International Affairs, an independent think tank.
Naimi restated Saudi Arabia's commitment to keeping spare capacity of 1.5 million barrels a day, adding that there were also ``studies to raise capacity to 15 million per day.''
Naimi said the recent surge in oil prices differs from the oil crises in 1973-74 and 1979-80, which he said were largely politically driven.
``What we're seeing is totally different. It's a demand-driven situation. Everyone was taken by surprise,'' Naimi said.
``All of this has put $10-$15 additional on the price of oil,'' he added.
Naimi declined to put an exact figure or range on what he believed was a fair price for oil.
Oil futures struck a record high of $55.17 a barrel in late October, amid concerns about future supply, the situation in Iraq, potential strikes in Nigeria and unrest in the Middle East. Light, sweet crude for January delivery was up 14 cents to $49.90 a barrel by midday in Europe in electronic trading on the New York Mercantile Exchange.
Naimi said analysts predicted in 2003 that demand growth for this year would be 1.3 million barrels a day more than last year, but it has instead increased by 2.8 million to 3 million barrels a day.
``We're trying to catch up,'' he said of the nation's production. ``We've gone to 9.5 million barrels a day. Other OPEC members are at maximum.''
Ministers of the Organization of Petroleum Exporting Countries are due to meet Dec. 10 in Cairo to reassess their supply commitments.
Iran and Venezuela have hinted that members could trim their record 30 million barrel a day supplies to prevent crude prices spiraling lower after months of higher output.
Naimi also said Monday that he saw little reason to find a new currency, or basket of currencies, to replace the dollar as the price for oil, despite the U.S. currency's recent weakness.
The dollar, which sank to a record low of $1.3329 against the 12-nation euro currency on Friday, has been sliding for months partly on concerns about the ballooning U.S. trade and budget deficits.
``The dollar is still the currency for international trade and is used to back up reserves and is easily convertible,'' Naimi said.
Copyright 2004 The Associated Press | Home | Privacy Policy | Search | Corrections | RSS | Help | Back to Top
