Oil

Bush and Cheney, in their bizarre attempt at "good cop-bad cop", went hat in hand to Saudi Arabia to beg for more oil. Bush went as a mindless buffoon, the good cop; rather like Gunther Toody of "Car 54, Where Are You?" He got nowhere, so the tough one, Cheney had to go and talk tough.Big rough, tough Cheney, who when told that the majority of Americans opposed the Iraq War, said "So?" Cheney was the bad cop, the tough guy. Well, Cheney got his come-uppance. His appeals or threats were laughably ignored. It probably went something like this: Cheney: Hi, kingy. We need more oil...or else. King: So???? The great USA. How much have these two cost us? Read it for yourself: http://www.ft.com/cms/s/0/95bf9db2-0819-11dd-a922-0000779fd2ac.html Opec cuts output despite west’s pleas By Carola Hoyos and Javier Blas in London Published: April 12 2008 02:52 Last updated: April 12 2008 02:52 The Organisation of the Petroleum Exporting Countries has quietly begun to reduce its oil production despite calls from the US and Europe for the group to pump more so that prices fall. Output from the core countries of the 13-member cartel last month fell to 27.3m barrels a day, down from the 27.6m b/d they produced in February and 27.8m b/d in January, the International Energy Agency, the western countries’ watchdog, said on Friday in its monthly report. Production from Saudi Arabia, Opec’s largest member, dropped marginally from January and was the same as February at 9.2m b/d...

Resignation Now!