Brent Batten: Bush humiliation a national wake-up call

naplesnews.com ^ | Monday, May 19, 2008 | BRENT BATTEN

[DManA]

Obama gets criticized (rightly) for proposing to negotiate without preconditions but then Bush does exactly the same thing with the Saudis. I'm not so critical of him as I'm just perplexed. What in the world did he think he was going to accomplish? How could he have gone there without having an agreement worked out before hand? It's just bizarre.

[JasonC]

Except they didn't say no. They raised output 300,000 barrels per day. The speculators and leftists who want Iran to win and the west to be smashed just pretended otherwise and lied about it, and tacked on $2 more. Which will end in a glorious smash as big as the dot-com bubble.

[JasonC]

Actually, it is a typical leftist media lie. Bought hook line and sinker. Saudis said "fine" and helped, but the left wanted a different narrative, so they went to pure fiction.

[Inyo-Mono]

BTTT!

[Revolting cat!]

The Saudis? Friends of the Bush family going way, way back. Nothing to see here.

[DariusBane]

amen brother, but plenty of voters in this country, Joe and Jane bag o donuts would rather see this country destroyed if that is what it takes to punish Bush, Cheney and Haliburton, that most evil triumvirate. This country is full of entertainment addled spoiled brat fools who don’t appreciate what they have and are willing to throw away our collective prosperity to assuage their mis guided sense of justice.

Lord help us from ourselves

[HereInTheHeartland]

“Which will end in a glorious smash as big as the dot-com bubble. “

It will be fun to watch.
Those who think oil will never go down will be run over.

[Fred]

When it comes to energy our government treats us like fools. If new exploration combined with drilling new wells not been stopped 20 years ago in the US, we would not have all these problems with energy prices.

[goodnesswins]

Wonder why the author left out CANADA, the country from whom we get the MOST oil???

[R W Reactionairy]

If they don't have it, they won't be able to produce it.

Saudi Arabia is a bit of a mystery, but they haven't found any large fields for a long time. Small fields “yes” but when / if Ghawar goes into decline, it will be tough for them to maintain production. When will that occur? Some believe now.

The two new large fields that Saudi Arabia is bringing on line in the next year or so, are both ancient history in terms of the date of discovery, and both have significant problems. If they have better prospects, I believe that we would be seeing them now.

[anonsquared]

Exactly why pre-9/11 we should have secretly funded Osama in his bid to overthrow the house of Saud. Oil would have maybe spiked to around $70. Then about a week or two into the coup, we could have rode in to the rescue of our ‘friends’ the Saudis and taken over all the oil fields to protect them.

In the game of global chess, it always pays to look many moves ahead. And to know which rooks should be sacrificed.

[jaz.357]

The president of the United States, supposedly the most powerful man on Earth, goes, hat in hand, to our “friends” in Saudi Arabia...

How about a "BOOT IN THE A$$"!

[DariusBane]

Wow, thats a wee bit controversial. Have to think about that!

[DariusBane]

... OK thought about it, I guess it fits the Iraqi proverb “use your enemies hand to catch a snake”. I think that’s iraqi, or Persian... Anyway thats pretty hard core, Byzantine emperor kind of intrigue. Lots could go wrong plenty of balance of power stuff just makes my head hurt. OK I just think I will drink a beer and go to bed.

[Marine_Uncle]

I would like to submit the following web site for reading by all, and thank you thack, if you are in the position to critique the article to some degree as to it's accuracy.
Here it is at: Oil Drum

[JasonC]

Of course not. If we had no fifth column left deliberately trying to destroy the country, we'd rule the world. Which is why we have a fifth column left deliberately trying to destroy the country. The world would rather destroy us, and they work for the rest of it.

[JasonC]

I nominate you. Go sacrifice yourself.

[SoldierDad]

I like the way you think. “We have met the enemy, and they are us”.

[R W Reactionairy]

Pop a batch of popcorn if you like, but if peak oil is coming soon it won’t be fun to watch.

Oil can go down. If it does, 2 billion Indians and Chinese will be very happy to sop up the excess.

Every oil field that has produced more than a million barrels per day is now in decline with the possible exception of Ghawar, the granddaddy of all oil fields at 5 million barrels per day. When that one goes down, because it has been very well managed with water floods and multilateral wells, it could go down in a hurry.

Cantarell peaked. Danquing peaked. The North Sea peaked. Texas peaked. The North Slope peaked. The U.S. peaked. Western Siberia and probably all of Russia has peaked [depends on how many frontier basins they actually have.] The Kuwaitis say Burgan has peaked. The story of oil is the story of depletion.

Party hardy dude.