Why Would They Do It?

The Dubai ports deal is still fresh in everyone’s minds though it has taken a very back seat to the gas prices of late. The ports deal was basically the US government’s method of being racist towards Arabs who wanted to operate ports here in the US. The politicians told us it would be a national security issue and they said it while they were debating how to let MILLIONS of ILLEGALS continue walking in unabated. Now this story (published in its entirety):

ABU DHABI — Qatar plans to invest $5 billion through 2010 in an attempt to increase the production of crude oil.

Qatari Energy Minister Abdullah Bin Hamad Al Attiyah said the price of oil would drop by $15 should politicians end their expressions of concern over a halt in supplies.

Al Attiyah said the record oil prices of more than $75 per barrel was the result of fears and speculation within the market.

Qatar intends to allocate $5 billion over the next five years to boost oil production capacity to 1.1 million barrels per day.

Current production was reported at 850,000 barrels per day.

“We are putting a lot of effort and investment into increasing our oil output,” Al Attiyah said on the sidelines of the International Energy Forum in Doha on April 23.

Why would any Arab oil producing nation give a rip if the US is having oil price problems? If I were in an Arab oil producing country I would raise the prices or lower production just to get even. We probably could have brokered a real good deal with regard to oil if our Congress had not been so blinded by bigotry.

Source: World Tribune.com



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