Page added on August 3, 2006
In the period since King Abdallah became king, the world has remained as concerned about Saudi Arabian and other Gulf oil issues as before, if not more so. Not only have all the GCC countries been producing flat-out. More importantly but strategically, in the eyes of some, also more ominously, only Saudi Arabia before as now has any significant excess capacity.
Such measures have not yet forced the United States to urgently undertake truly drastic and revolutionary necessary measures. Indeed, nothing effective has been done in order to curb its seemingly insatiable thirst for manageably priced petroleum and petroleum products.
Leave a Reply