[itsnotoutthere]

Saudi Arabia Calls for Compensation For Loss of Income by Clean Technology

Saudi Arabia's proposal that the country be compensated for loss of income as oil-consuming countries are turning to other forms of energy, is gaining support among fellow oil producers.

Saudi Arabia, the world's top oil producer with an estimated daily production of ten million barrels a day, is asking that it be compensated for predicted loss of income as more and more countries are turning away from oil towards renewable sources of energy.

The call comes ahead of the United Nations Climate Change Conference that will be held in the Danish capital of Copenhagen in the beginning of December.

LINK :- http://www.gantdaily...2009-10-18.html

Unbelievable, you just couldn't make this s**t up.
It would be laughable but for the fact that dopey western governments might actually take this seriously, Doh what am I talking about, now the E.U. is in charge it's probably a done deal.
The ways of making money from global warming climate change are endless.

This post has been edited by itsnotoutthere: 07 November 2009 - 05:58 PM

[Ufo Believer]

hahahahah

Are we going to pay them?

This post has been edited by Ufo Believer: 07 November 2009 - 06:02 PM

[The Silver Thong]

Ufo Believer, on 07 November 2009 - 10:54 AM, said:

hahahahah

Are we going to pay them?

You have already paid them now they want more. For a nation such as Saudi Arabia to ask the west for anything is a great insult. I would personally feel offended and I do. The wars in Iraq and Afghanistan should never have happened. What should have happened was a coalition of the willing to cut the head off the snake. Hence Go to war with Saudi Arabia it's the one nation we need to invade and yet we have to listen to this crap from them.

There arrogance is mind blowing however that does not compare to the wests ignorance of allowing them to be the puppet master. Bush holds hands with the prince, Obama bows to the POS and we all think it's bad but tolerable. It is not, Saudi Arabia is enemy number 1 period.

If we want to win a war damn it's been a long time lol we need to take out Saudi Arabia plain and simple. Otherwise we need to just shut them out of the west as we are doing with Iran. Saudi Arabia deserves nothing absalutly nothing!!!! I hate war however the complete take down of Saudi Arabia would a yes vote for me.

[acidhead]

itsnotoutthere, on 07 November 2009 - 09:42 AM, said:

Saudi Arabia Calls for Compensation For Loss of Income by Clean Technology

Saudi Arabia's proposal that the country be compensated for loss of income as oil-consuming countries are turning to other forms of energy, is gaining support among fellow oil producers.

Saudi Arabia, the world's top oil producer with an estimated daily production of ten million barrels a day, is asking that it be compensated for predicted loss of income as more and more countries are turning away from oil towards renewable sources of energy.

The call comes ahead of the United Nations Climate Change Conference that will be held in the Danish capital of Copenhagen in the beginning of December.

LINK :- http://www.gantdaily...2009-10-18.html

Unbelievable, you just couldn't make this s**t up.
It would be laughable but for the fact that dopey western governments might actually take this seriously.

Bankers and big oil are addicted to 'easy' money.

OPEC countries could easily be compared to Drug dealers.

They get the client addicted to the cheap high and the client is hooked for life.

OPEC is an oligarchy of oil drug dealers.... they have all the oil... -right now- that the world is addicted to.

The world is the drug addict.

Supply and Demand

The driving force behind any investment or business is supply and demand.

When the demand is high and the supply is high the value of the product goes down as the deals increase.

The opposite will happen as the demand goes down... -the price will simply go up.

The AGW Copenhagen Treaty will secure an increase in price as demand goes down.

The AGW Copenhagen Treaty will also secure a rationing of energy supplies as the world moves forward with no alternative energy on the table.

The end result will be an incremental balance of resources -oil energy- being the main reason behind curbing fossil fuels.

Just my opinion...

[acidhead]

The Silver Thong, on 07 November 2009 - 10:09 AM, said:

You have already paid them now they want more. For a nation such as Saudi Arabia to ask the west for anything is a great insult. I would personally feel offended and I do. The wars in Iraq and Afghanistan should never have happened. What should have happened was a coalition of the willing to cut the head off the snake. Hence Go to war with Saudi Arabia it's the one nation we need to invade and yet we have to listen to this crap from them.

There arrogance is mind blowing however that does not compare to the wests ignorance of allowing them to be the puppet master. Bush holds hands with the prince, Obama bows to the POS and we all think it's bad but tolerable. It is not, Saudi Arabia is enemy number 1 period.

If we want to win a war damn it's been a long time lol we need to take out Saudi Arabia plain and simple. Otherwise we need to just shut them out of the west as we are doing with Iran. Saudi Arabia deserves nothing absalutly nothing!!!! I hate war however the complete take down of Saudi Arabia would a yes vote for me.

Just curious...

Humanitarian issues aside, we engage with many countries with very poor humanitarian issues, but consider them political and economic allies.


What has Saudi Arabia done to deserve any allied western invasion?

Remember, the Saudis are energy(drug) dealers... they have a great stake in global energy, always have had.

The OP's article, at the end of the day, is just an article.... it means absolutely nothing in business.

All Saudi Arabia has to do to make up for lost profits is raise the price per barrel... its easy math for easy cheap oil.

This post has been edited by acidhead: 07 November 2009 - 06:18 PM

[Stardrive]

itsnotoutthere, on 07 November 2009 - 12:42 PM, said:

Saudi Arabia's proposal that the country be compensated for loss of income as oil-consuming countries are turning to other forms of energy, is gaining support among fellow oil producers.

Alrighty, I didn't read who was going to be the one to compensate them. The IMF?

If they're loosing income due to clean energy technology, all I can say is they should have forseen this. One day they use it as political leverage, the next day complain about decreased sales and demand with a proposal for compensation.

[acidhead]

Stardrive, on 07 November 2009 - 10:20 AM, said:

Alrighty, I didn't read who was going to be the one to compensate them. The IMF?

If they're loosing income due to clean energy technology, all I can say is they should have forseen this. One day they use it as political leverage, the next day complain about decreased sales and demand with a proposal for compensation.

-or they will do what any person does in business -raise the price.

[Moon Monkey]

Maybe they should invest their oil profits in renewables rather than solid gold jumbo jets.

[The Silver Thong]

acidhead, on 07 November 2009 - 11:17 AM, said:

Just curious...

Humanitarian issues aside, we engage with many countries with very poor humanitarian issues, but consider them political and economic allies.


What has Saudi Arabia done to deserve any allied western invasion?

Remember, the Saudis are energy(drug) dealers... they have a great stake in global energy, always have had.

The OP's article, at the end of the day, is just an article.... it means absolutely nothing in business.

All Saudi Arabia has to do to make up for lost profits is raise the price per barrel... its easy math for easy cheap oil.

Yes we do have dealings with many questionable nations and that is kinda unavoidable. I know what you mean and I see your course and believe you are right on many issues and it's scary

However Saudi Arabia does have massive influence not only over big oil. Big oil is there poker money or pocket change. I don't care about there oil or business practices.

I'm more concerned over there religious influence over Islam and there extremism. They publicly support terrorism and yet the war on terror ignores this. Ya I know the war on terrorism,drugs etc are a joke but to have this right in our face is an insult.

The laws and the way they want to treat people in there own country is up to them. However when they spread there hard core beliefs into host nations that take the immigrants in is another slap in the face.

Control over oil pails in comparison to the real agenda. One world government ya right how do we deal with radical religion in a one world government? One world government does not mean peace.

Saudi Arabia controls the oil and the religion. When clerics in the UK go to Saudi Arabia for there schooling and come back and teach I can guarantee it isn't tolerance. Money holds little value to a person that believes killing a non believer on sight for there god is good.

[Stardrive]

acidhead, on 07 November 2009 - 01:23 PM, said:

-or they will do what any person does in business -raise the price.

I'm sure that would be thier desire. Problem is they aren't the only ones producing.

Competition from other producers prevents them from price-fixing.

BTW, the OP linked article states they are the worlds largest producer when in fact Russia is the largest producer, followed by Saudi Arabia at #2, and the US at #3.

[acidhead]

The Silver Thong, on 07 November 2009 - 10:30 AM, said:

Yes we do have dealings with many questionable nations and that is kinda unavoidable. I know what you mean and I see your course and believe you are right on many issues and it's scary

However Saudi Arabia does have massive influence not only over big oil. Big oil is there poker money or pocket change. I don't care about there oil or business practices.

I'm more concerned over there religious influence over Islam and there extremism. They publicly support terrorism and yet the war on terror ignores this. Ya I know the war on terrorism,drugs etc are a joke but to have this right in our face is an insult.

The laws and the way they want to treat people in there own country is up to them. However when they spread there hard core beliefs into host nations that take the immigrants in is another slap in the face.

Control over oil pails in comparison to the real agenda. One world government ya right how do we deal with radical religion in a one world government? One world government does not mean peace.

Saudi Arabia controls the oil and the religion. When clerics in the UK go to Saudi Arabia for there schooling and come back and teach I can guarantee it isn't tolerance. Money holds little value to a person that believes killing a non believer on sight for there god is good.

I personally feel that ALL religions fear one another -to a certain extent.

But I also feel more strongly that resources are the main driving force behind any conflict.

Religion is the scape-goat excuse for spilt blood... -all religious groups have attacked each other historically, yet, the conflicts were always over resources.

This is why I see the 'war on terror' as a blantant excuse to 'share the planets' resources.

'there is nothing to fear but fear itself' -FDR

[Wickian]

So...We stopped buying some(note that we still buy oil) of their product and they want us to give them money for free because of it? Are they retarded?

[acidhead]

Stardrive, on 07 November 2009 - 10:44 AM, said:

I'm sure that would be thier desire. Problem is they aren't the only ones producing.

Competition from other producers prevents them from price-fixing.

BTW, the OP linked article states they are the worlds largest producer when in fact Russia is the largest producer, followed by Saudi Arabia at #2, and the US at #3.

OPEC

According to its statutes, one of the principal goals is the determination of the best means for safeguarding the cartel's interests, individually and collectively. It also pursues ways and means of ensuring the stabilization of prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations; giving due regard at all times to the interests of the producing nations and to the necessity of securing a steady income to the producing countries; an efficient and regular supply of petroleum to consuming nations, and a fair return on their capital to those investing in the petroleum industry. http://en.wikipedia.org/wiki/OPEC

[The Silver Thong]

acidhead, on 07 November 2009 - 11:50 AM, said:

I personally feel that ALL religions fear one another -to a certain extent.

But I also feel more strongly that resources are the main driving force behind any conflict.

Religion is the scape-goat excuse for spilt blood... -all religious groups have attacked each other historically, yet, the conflicts were always over resources.

This is why I see the 'war on terror' as a blantant excuse to 'share the planets' resources.

'there is nothing to fear but fear itself' -FDR

True enough religion was created for power and that definitely translates into resources. It's that power and money can further ones belief and make people do things that are absolutely nuts but some how there is a reason provided. I'll take Israel and the Palestinians as an example. Yes it's over land but not money rich land. It's over holy ground and who has the right to live on it. They don't care about money, well not as much as they care about who's religion is more right.

Money will corrupt the religious no doubt I could list a thousand examples however that money was gained to further a personal agenda. When one can control personal agendas and make money doing so, I call that a pretty good gig. The fundamentalist only cares about money for one reason, to expand his agenda. The agenda that takes little money and is a very simple plan is to spread your belief system to obtain control of a populace, then you take the resources.

Going in guns a blazing is so John Wayne LOL

This post has been edited by The Silver Thong: 07 November 2009 - 07:05 PM

[Stardrive]

acidhead, on 07 November 2009 - 01:54 PM, said:

OPEC

According to its statutes, one of the principal goals is the determination of the best means for safeguarding the cartel's interests, individually and collectively. It also pursues ways and means of ensuring the stabilization of prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations; giving due regard at all times to the interests of the producing nations and to the necessity of securing a steady income to the producing countries; an efficient and regular supply of petroleum to consuming nations, and a fair return on their capital to those investing in the petroleum industry. http://en.wikipedia.org/wiki/OPEC

Non-OPEC Production
The U.S. Energy Department's Energy Information Agency (EIA) said seven of the world's fifteen largest oil producers are outside of OPEC. As of 2006, those countries were Russia, the United States, China, Mexico, Canada, Norway, and Brazil. Britain had been on the EIA's list as of 2004, but production has continued to decline significantly in the North Sea, said EIA energy analyst Matthew Cline. Overall in 2007, non-OPEC nations produced roughly 48 million bpd, comprising nearly 60 percent of total production for the year.
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