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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (439316)	12/9/2008 3:24:09 PM
From: i-node	Read Replies (1) \| Respond to of 1575187

Did you see the Saudis huge data processing facility for the oil industry? It was 60 minutes Sunday nite. It must have cost a fortune and was very, very state of the art. In addition to finding the best way to extract all the oil they can, Saudis are working on developing an electricity exporting industry by developing their wind and solar industries. I am not sure how they will export the electricity but that's the latest they are working on to supplement their oil industry. Yeah, I'm not sure how they're going to transport the electricity. But the investment they're making in oil does suggest they think there is a hell of a lot remaining to be gotten. The reality is they're not only taking in a lot of dough, they have to have it in order to keep things afloat over there. $25 oil is certainly not something they want to see over there.