Expert on economics needed!

[George M. Middius[_4_]]

A month ago, I observed that President Dumbya was prostrating hisself to get
the Saudis to open the oil spigots wider. Scottie Witlessmongrel, Economics
Eckthpurt, advised me that Bushie was wrong, wrong, wrong:

> Saudis can't increase delivery of anything but heavy sour oil.
> There is no available refining capacity for that grade.
> So what would be the point?

<http://groups.google.com/group/rec.audio.opinion/msg/ea93eb3e4216017a?hl=en>


Farsighted Scottie knew the Prez was headin' in the wrong di-reck-shun and
made no bones 'bout tellin' us so. But wait -- what happened today? The
NYTimes tells us this astonishing story:


Plan Would Lift Saudi Oil Output to Highest Ever
Saudi Arabia, the world’s biggest oil exporter, is planning to
increase its output next month by about a half-million barrels a
day, according to analysts and oil traders who have been briefed
by Saudi officials

<http://www.nytimes.com/2008/06/14/business/14oil.html?hp>


I wonder why Dumbya kept after the Saudis instead of listening to Wise
Scottie Terrierdork. Can somebody who knows this field explain this shocking
development?

[George M. Middius[_4_]]

Soundhaspriority said:

> > I wonder why Dumbya kept after the Saudis instead of listening to Wise
> > Scottie Terrierdork. Can somebody who knows this field explain this
> > shocking development?

> See http://www.coking.com/forum/tm.asp?m=1989&mpage=1&key=&#1989 The heavy
> crude may be going to China at a discount, freeing light crude for other
> buyers. China uses a lot of diesel, for which heavy crude can be a base.

No, can't be right. Scottie Witlessmongrel has assured us that there's
absolutely no benefit in the Saudis selling more oil.

[George M. Middius[_4_]]

Soundhaspriority said:

> > No, can't be right. Scottie Witlessmongrel has assured us that there's
> > absolutely no benefit in the Saudis selling more oil.
> >
> Apparently, if they sell at a deep discount, refiners in some countries will
> buy. It appears the Saudis want to break the speculation bubble even if it
> costs them.

Are you saying Scottie was <gasp!> wrong? That's an incredible accusation,
Robert. If I were you, I'd start checking my car for bombs.

[Clyde Slick]

On 14 Iun, 10:41, "ScottW" > wrote:


>
> Meanwhile our congress under Pelooser does nothing.
> Obama even likes these gas prices.
> I got my kids old go-ped tucked away for the day of the collapse.
> 100 mpg.
>
> ScottW

and if you are on a two lane highway, you can pass
a slow moving semi by going under it.

[Clyde Slick]

On 14 Iun, 19:19, "ScottW" > wrote:
> "Clyde Slick" > wrote in message
>
> ...
>
> > On 14 Iun, 10:41, "ScottW" > wrote:
>
> >> Meanwhile our congress under Pelooser does nothing.
> >> Obama even likes these gas prices.
> >> I got my kids old go-ped tucked away for the day of the collapse.
> >> 100 mpg.
>
> >> ScottW
>
> > and if you are on a two lane highway, you can pass
> > a slow moving semi by going under it.
>
> *Why do you think it will me moving?

It will be delivering what's left of the fuel to your go kart park