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07-01-2008, 10:59 AM
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#1 (permalink)
| | VN Casanova!
Join Date: Nov 2005  Location: Delaware, OH
Posts: 27,095
| Saudi king urges consumers to get used to high oil prices
Saudi king urges consumers to get used to high oil prices Quote: King Abdullah of Saudi Arabia, whose nation is the world's number one oil exporter, called on consumer countries to get used to high prices in comments published on Tuesday.
"Consumer countries have to adapt to the prices and the mechanisms of the market," the king said in an interview published by the Kuwaiti daily Al-Siyassah.
"We have nothing to do with the current sharp increase in crude prices," he said reiterating the Saudi position that speculation, rising demand and the taxation of oil products in consumer countries were to blame. "These countries must reduce their taxes on fuel.. if they want to contribute to easing the burden on ordinary consumers," he said. | How dare he even propose the idea of taking money away from the government! Thoughts?
__________________ Women want me and men want to be me!  | 
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07-01-2008, 08:17 PM
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#2 (permalink)
| | This Space Is For Rent
Join Date: Oct 2004
Posts: 37,807
| Quote:
Originally Posted by OrangeEmpire  | Wouldn't that mean a pay cut for you if that happened? How are the State police handling the high gas prices? Anything changing? | 
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07-01-2008, 09:29 PM
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#3 (permalink)
| | Just Win Baby
Join Date: Jan 2007
Posts: 1,550
| Wonder how the Saudi king would like eating sand? | |
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07-02-2008, 02:04 AM
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#4 (permalink)
| | Senior Member
Join Date: Feb 2007 Location: Brentwood
Posts: 2,056
| I FREAKIN read today that gas is 0.40 $ a gallon in Saudi-freakin Arabia!
Am I the only that is pissed off by that?
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Future Tennessee Vol Season ticket holder! | |
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07-02-2008, 07:31 AM
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#5 (permalink)
| | $20 on Fulmers buyout!
Join Date: Jan 2008 Location: Ashland City,TN
Posts: 6,058
| Quote:
Originally Posted by ole_orange I FREAKIN read today that gas is 0.40 $ a gallon in Saudi-freakin Arabia!
Am I the only that is pissed off by that? | only if you think our government should subsidize oil products. | |
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07-02-2008, 12:33 PM
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#6 (permalink)
| | Daydreaming...
Join Date: Oct 2007 Location: Clarksville, TN
Posts: 1,773
| Quote:
Originally Posted by ole_orange I FREAKIN read today that gas is 0.40 $ a gallon in Saudi-freakin Arabia!
Am I the only that is pissed off by that? | A standard practice among large oil producing nations. Iran and Venezuela have large gasoline subsidies as well.
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"Good people, I'm so glad you're here tonight. But please, just a few words of caution. Now, we are going to set this pile of evil ablaze, but because these are children's toys, the fire will spread quickly, so please stand back and try not to inhale the toxic fumes." ~ Reverend Lovejoy in "Krusty Gets Busted" | |
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07-02-2008, 12:35 PM
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#7 (permalink)
| | Football Jones
Join Date: Jun 2006
Posts: 15,587
| Quote:
Originally Posted by ole_orange I FREAKIN read today that gas is 0.40 $ a gallon in Saudi-freakin Arabia!
Am I the only that is pissed off by that? | Go live in Saudi Arabia and see if the $0.40 a gallon gas is worth the lifestyle change. | |
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07-02-2008, 03:05 PM
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#9 (permalink)
| | Irrelevant since 09/2007
Join Date: Jan 2007 Location: Los Angeles, CA
Posts: 6,219
| i'm not sure eliminating taxes and therefore raising demand for oil is the best way to lower the price. | |
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07-04-2008, 07:25 PM
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#10 (permalink)
| | But seriously folks...
Join Date: Aug 2006 Location: Atlanta, GA
Posts: 5,201
| Until oil reaches a price that is unacceptable to the American consumer (and we start really creating demand for alternative fuels/energy sources), we're stuck with the high prices. | |
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07-04-2008, 07:53 PM
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#11 (permalink)
| | We have a baby girl
Join Date: Sep 2006 Location: in a hole
Posts: 16,756
| Quote:
Originally Posted by ole_orange I FREAKIN read today that gas is 0.40 $ a gallon in Saudi-freakin Arabia!
Am I the only that is pissed off by that? | ah we aren't much more than that. just ten times more, not to bad 
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WEIGHT ROOM | |
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07-06-2008, 07:46 PM
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#12 (permalink)
| | Senior Member
Join Date: Sep 2006 Location: Vietnam
Posts: 794
| Quote:
Originally Posted by ole_orange I FREAKIN read today that gas is 0.40 $ a gallon in Saudi-freakin Arabia!
Am I the only that is pissed off by that? | Damn right, that's outrageous. That is 3 times what it cost in Venezuela(0.12/gallon). Those Saudi's should be protesting in the streets over high fuel cost.  | |
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