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Page added on February 26, 2007

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Saudi royal says U.S. oil independence a myth

JEDDAH, Saudi Arabia (Reuters) – The Bush administration’s talk of breaking its dependency on foreign oil is a political myth, Saudi Arabia’s former envoy to Washington and royal family member said on Sunday.


“It has become very fashionable for (U.S.) politicians to use the word ‘energy independence’ or ‘independence from foreign oil’, and that is basically a political canard politicians and technocrats use,” Prince Turki al-Faisal told an economic forum.


Energy has been made into “a sensitive and a controversial political issue particularly in countries like the United States,” Prince Turki said in his first public appearance after ending a relatively brief mandate in Washington.


“There is no way that people, whether in the United States or in the world, other countries that consume oil, would simply give up using oil in the next few decades at least, if not more than that,” he said.

Reuters



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