More Fantasy-Based Policymaking over in the Kingdom of the Two Holy Places, where our Saudi masters have again rebuffed the dhimmi President’s humble request for a reduction of the jizya. But ANWR drilling? Offshore drilling? Manhattan Project for alternative energy sources? Still not on the horizon.
“US agrees to help Saudi Arabia develop civilian nuclear program,” from the Associated Press (thanks to Bryan):
President George W. Bush and King Abdullah formalized new cooperation on Friday between the kingdom and the United States on a range of topics, including the development of civilian nuclear energy in Saudi Arabia and US protection of Saudi oil fields.
The agreements came as Saudi Arabian leaders made clear that they saw no reason to increase oil production until their customers demanded it, apparently rebuffing a request made by the president directly to the king in an effort to stay the soaring US gasoline prices.
During Bush’s second personal appeal this year to King Abdullah, Saudi officials stuck to their position that they are already meeting demand, the president’s national security adviser told reporters.
“What they’re saying to us is … Saudi Arabia does not have customers that are making requests for oil that they are not able to satisfy,” Stephen Hadley said on a day when oil prices topped $127 a barrel, a record high.
The Saudi government indicated that it is willing to put on the market whatever oil is necessary to meet the demand of its customers, Hadley said.
But even then, he said, Saudi leaders say increased production would not dramatically reduce pump prices in the United States.
The Saudis are investing in ways to increase oil production over time. Officials told Bush they are doing “everything they can do” for now to address a complicated market.
Hadley said the Bush administration will take the explanation back to its own experts and “see it if conforms.”…