PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: goldworldnet who wrote (251765)	4/29/2002 10:18:42 AM
From: Scumbria	Read Replies (3) of 769670

Hi Gold, Actually the world doesn't need Saudi Arabia's oil any more. nationalreview.com the war on terror and the U.S. defense of Israel's democracy is not about oil politics. OPEC today controls no more than 37 percent of the world oil market, compared to 55 percent 20 years ago. Today, the new Russia is an ally of the United States, and is challenging Saudi Arabia's status as the world's biggest oil exporter. Of course, the Saudis say they won't use the so-called oil weapon. But if they cut us off it would be devastating to their market share and their already poor economy, as we would swiftly make contractual agreements with Russia, Norway, Mexico, and other oil-exporting friends.

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