The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ChanceIs who wrote (123701)	5/17/2008 5:53:23 PM
From: Smiling Bob	Read Replies (2) of 306849

Did you see Bush hitting the Saudis up for oil? The guy only knows one argument. Do what I want or you'll suffer. Abdullah in turn tells him the US can take a hike. --- The Bush administration repeatedly has attempted to convince the Saudis that the impact of soaring gas prices on the sluggish American economy is bad, in the long run, for the profits of oil producers. "The message the president has sent to oil suppliers in the Middle East, and I'm sure will continue to send, is that... suppliers of oil, as they consider their pricing policies and as they consider their production targets, need to take into account the economic health of the global community,'' Hadley had said before this visit. They "need to take into account the economic health of their customers who pay these prices.

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