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Politics : Foreign Affairs Discussion Group

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To: stockman_scott who wrote (40953)8/30/2002 1:51:09 PM
From: Maurice Winn  Read Replies (2) of 281500
 
Look Carranza - oil, oil, oil.... : <President George W. Bush and his closest advisors see the cheap oil of Arabia as the greatest disincentive to the development of alternative sources of energy, including new oil outside the Middle East--in Alaska, for example. Instead of valuing the Saudi policy of keeping oil below $30 per barrel, they see it as a frustrating obstacle to any rational energy policy. And, of course, it reduces the earnings of Texan and other domestic oil producers.

Since Sept. 11, Bush junior and his camp have received an entire education in how Saudi oil revenue is spent: in part for the profligate luxuries of more than 5,000 princes with their large families and in part to operate Islamic centers and madrasas (Islamic schools) around the world that propagate the most extreme fundamentalism--the creed of Osama bin Laden.

>

That was a good article [because it agrees with my view of course].

Mqurice
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