Posted on 05/29/2004 11:43:12 AM PDT by EternalHope
Militants hold 50 foreigners in Saudi-manager
29 May 2004 17:34:21 GMT
KHOBAR, Saudi Arabia, May 29 (Reuters) - Suspected al Qaeda militants have taken hostage 50 foreigners, including Italians and Americans, on Saturday, a manager of the housing compound where they are behing held said.
"They are holding 50 foreign hostages," the manager of the Oasis compound told Reuters. "There are Americans, but there are more Italians. There are also Arabs."
Security sources said the Arabs being held were Christians. The militants killed at least 16 people, including seven foreigners, in a string of attacks in the oil city of Khobar.
A very good analysis. I'm sure the Saudis have run the numbers, too. Of course, so has AQ, and this is probably exactly what they're looking for. It gets them ever closer to their dream, the 7th century.
About the chi-com forces fighting us in afghanistan?
Didn't Texas oil people close a lot of wells up?? I wonder at that price if it wouldn't become feasable to drill for oil again??
over 900 chinese were killed getting supplies to rebels in apass going to kabul in a convoy
enviormentalist have pretty much put a stop to any new drilling or wells, point of my mentioning oil in this manner were that terrorist direct point is to destrot the dollar, you will see this near when the YEN hits 75 on the dollar, oil could come back but under difficuties,this is clearly outlined by some of the best in the business and know, please read THE OIL FACTOR by stephen leeb and donna leeb, study the arab oil embargo of 1973, should a coupe ever take place in saudi arabia oil will go higher than $42 and as high as $92 and possibly much higher than $120, point of new reins in power especially extrememist is to destroy the dollar and oil is the weapon, even if oil does come back down and I believe it the damage will have been done to the dollar. american dollar is under attack by extremist, that is the target and as long as attacks ocurr in middle east against american interest oil will go higher, G2intelligence at worldnetdaily.com indicate this, latest threat intelligence release on may 14 indicate several targets in U.S mainly refineries and distribution points within 45 days with others projected at future dates. 1929 stock crash caused 40 billion in losses in one day, imagine what trillions over trillions in losses will do, would take more than 10 years to over come. you are correct 120 a barrel will damage that is exactly what I meant to do damage to the U.S dollar study the extremist you will know this to be so, this point was the intention written in the voice of the jihad stated at northeast intelligence in its transalation of arabic issue, search northeast intelligence then scroll down to find the subject in precious metals.
We are already experiencing another oil boom out here in West Texas.
Confirmed by anybody other than DBKA?
From what I've seen they're a joke.
and no, RENSE.com doesn't count.
wont crash the party, most of the information provided has come from the intelligence community and economics, individuals I mention in previous post all have more combined history and education than those on MSNBC,ABC,CBC,CSNBC,CNN,CNNF kudlow and cramer, bloomberg
didnt come from debka, check links or archives at world tribune
...So that the westerners will occupy Saudi Arabia and anger the entire Muslim world into revolt? On a scale of 1 to 10, I'd give it a 6. Depends on how sane you think Al Qaeda's leaders are.
The Saudis would have to request it. The main problem is if oil production can be interfered with so the Saudi attempt to raise production to the max cannot be done. Losing oil engineers would be a severe impact on the Saudi oil industry.
Oh I think they're quite sane. Their leaders have stated that their intention is to create a general conflict between the Islamic world and the West. Their belief is that this will unify the Islamic world around the more fundamentalist beliefs that they themselves espouse. It does them little good to attack the Saudi Royal familly directly, but if they can provoke the US into occupying a portion of Saudi Arabia (to safeguard the oil producing region) then, they hope, that moderate Arab governments will begin to fall.
"this is really really bad.....huge oil price jump next week..probably we'll see multi-national troops deployed to saudi arabia soon"
I agree, if al Qaeda continues with this sort of tactic, things will become even more stressed in the ME than they already are.
The main problem is if oil production can be interfered with .....
They struck in Khobar....... near but not the oil patch.
Ras Tanura is the oil place.
It might be a lot easier to stop oil production by targeting the oil workers rather than field facilities the way terrorist tactics work. One for one, there are more terrorists than oil engineers. Not a good trade for those who most need Saudi oil--Europe and Japan.
Great!
Yes, indeedy. The Saudi princes got bitten in the backside by their own creation and I'll bet they've already made frantic phone calls to good old Uncle Sam.
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