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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (47985)	3/7/2005 3:34:30 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Current crude oil prices are "unrealistically high" and do not reflect any physical shortages in world markets, Adel al-Jubeir, a foreign affairs adviser to Saudi Crown Prince Abdullah, said on Monday. Al-Jubeir told a news briefing on Saudi security measures that "we don't see shortage in the physical supply of crude oil." He added that global markets are "fairly stretched out" due to shipping pressures to meet rising demand in China, India and the United States. "We will make our oil available" to customers, said Al-Jubeir. Current prices are "unrealistically high," he added. March 7 (Reuters) -