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Old 10-08-2009   #1 (permalink)
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Default Saudis ask for aid if world cuts dependence on oil

I'll bet the current administration will be first in line to help them out too...

BANGKOK — There are plenty of needy countries at the U.N. climate talks in Bangkok that make the case they need financial assistance to adapt to the impacts of global warming. Then there are the Saudis.
Saudi Arabia has led a quiet campaign during these and other negotiations — demanding behind closed doors that oil-producing nations get special financial assistance if a new climate pact calls for substantial reductions in the use of fossil fuels.

Saudis ask for aid if world cuts dependence on oil | Energy | Chron.com - Houston Chronicle
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Old 10-08-2009   #2 (permalink)
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Tell 'em they can suck it and move on with life.
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Old 10-08-2009   #3 (permalink)
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Hell yeah, they've been living the good life for way too long.........hope they've been investing!
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Old 10-08-2009   #4 (permalink)
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Let them drink oil.......
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Old 10-08-2009   #5 (permalink)
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Amazing.

I vote "No". I don't believe they need the financial aid...

But then, I also don't believe we need those nutball economic suicide pacts to reduce CO2, either.
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Old 10-08-2009   #6 (permalink)
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Quote:
Originally Posted by Aquacop View Post
Hell yeah, they've been living the good life for way too long.........hope they've been investing!
i work there, i can tell you, they invested nothing for future, they will suffer if this happen, but again i don't think this would happen at least in the near future.

regards
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Old 10-09-2009   #7 (permalink)
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Quote:
Originally Posted by abud_1999 View Post
i work there, i can tell you, they invested nothing for future, they will suffer if this happen, but again i don't think this would happen at least in the near future.

regards
I tend to agree.

This love-fest over alternative fuels and alternative methods of energy production is delusional.

The US has poured untold hundreds of billions of dollars into this for over 30 years, and we have hit the end of the "current technological gotcha tunnel" with great regularity.

As a person who lives and breathes (and works) science fiction each and every day, I can say with authority that a LOT of these alternatives WILL someday work, including most of the great scenes from movies showing tiny fuel cells powering things - or what have you.

SOMEDAY.

This all ties back into a child-like (very young child) faith in the power of government.

These people are confusing the political "power" to issue an order, ie, "CREATE!", to the "power" that is needed to move a machine in the real universe.

Just winning an election does NOT endow you with the magic of the fairies, where all your wishes not only come true, but under your direct and instant power to transform the world.

Common sense will tell any objective observer that an energy infrastructure that took nearly 100 years to build will NOT be replaced in the twinkling of a fairie/president's magic wand.

Sure, we absolutely should trashcan all the government stumbling blocks to innovation - subsidies and shady deals that distort the function of a free market - whether they are oil subsidies to huge corporations or outright grants to politically connected little guys who are convinced they really might one day invent the 500mpg carburetor that runs on moonbeams and air. This is a job for the legislators.

Next you look at the regulations and the regulators, for energy production is one of THE highly regulated and cartelized portions of our economy. This is a job for the executive branch of government, though under the oversight of the legislative branch.

Government plays a critical (and imo, over-whelming) role in energy, at every level. LOL, I will now quote President Obama: "We must have reform NOW!"

LOL, I just don't think we have the leadership team in Washington to accomplish any of this, though, and that is not a partisan observation at all. BOTH sides would rush to defend their own little corner of the pie.

So, for there to be an ALTERNATIVE, we first must sort out the CURRENT (no pun intended). For we live in the here and now, not faireland.
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Old 10-09-2009   #8 (permalink)
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There will always be some need for oil. Other than motor vehicles, we need it in production of all sorts of rubbers and plastics. Their demand isn't going to dry up all that much.

It's hard to believe they don't have the foresight to come up with some other sustainable export. With all their heat and sand, maybe they should make glass or something.
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Old 10-09-2009   #9 (permalink)
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Quote:
Originally Posted by tripleblack View Post
I tend to agree.

This love-fest over alternative fuels and alternative methods of energy production is delusional.

The US has poured untold hundreds of billions of dollars into this for over 30 years, and we have hit the end of the "current technological gotcha tunnel" with great regularity.

As a person who lives and breathes (and works) science fiction each and every day, I can say with authority that a LOT of these alternatives WILL someday work, including most of the great scenes from movies showing tiny fuel cells powering things - or what have you.

SOMEDAY.

This all ties back into a child-like (very young child) faith in the power of government.

These people are confusing the political "power" to issue an order, ie, "CREATE!", to the "power" that is needed to move a machine in the real universe.

Just winning an election does NOT endow you with the magic of the fairies, where all your wishes not only come true, but under your direct and instant power to transform the world.

Common sense will tell any objective observer that an energy infrastructure that took nearly 100 years to build will NOT be replaced in the twinkling of a fairie/president's magic wand.

Sure, we absolutely should trashcan all the government stumbling blocks to innovation - subsidies and shady deals that distort the function of a free market - whether they are oil subsidies to huge corporations or outright grants to politically connected little guys who are convinced they really might one day invent the 500mpg carburetor that runs on moonbeams and air. This is a job for the legislators.

Next you look at the regulations and the regulators, for energy production is one of THE highly regulated and cartelized portions of our economy. This is a job for the executive branch of government, though under the oversight of the legislative branch.

Government plays a critical (and imo, over-whelming) role in energy, at every level. LOL, I will now quote President Obama: "We must have reform NOW!"

LOL, I just don't think we have the leadership team in Washington to accomplish any of this, though, and that is not a partisan observation at all. BOTH sides would rush to defend their own little corner of the pie.

So, for there to be an ALTERNATIVE, we first must sort out the CURRENT (no pun intended). For we live in the here and now, not fairieland.
well say, and regarding this topic in Norway is one of the biggest oil and natural gas producer in Europe, they have enough money and investment that if the demand on oil and gas will stop, they can live in the same life quality there people live for more than 500 years, i have to admire these people.

Quote:
Originally Posted by spoulson View Post
There will always be some need for oil. Other than motor vehicles, we need it in production of all sorts of rubbers and plastics. Their demand isn't going to dry up all that much.

It's hard to believe they don't have the foresight to come up with some other sustainable export. With all their heat and sand, maybe they should make glass or something.
i agree, and again they have mountains of golden sand near makka.
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Old 10-09-2009   #10 (permalink)
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Norway has one large problem. They are signatory to the Kyoto treaty. That means that they are paying a huge fine for every barrel of oil that comes out of the ground, every cubic meter of natural gas, and every new well they drill...

So they have stopped exploring, and are seriously considering ceasing the oil business, since it is now COSTING their economy money rather than earning anything.

Obviously, Saudi Arabia, as a member in good standing of the "poor nations of the earth" (anyone who can explain that nonsense to me, fell free) along with India, China, and all the rest of OPEC, does not have the same problems that large oil producers like Norway, Britain or the United States must wrestle with...

Hence the entitlement mentality. The world has TOLD poor little Saudi Arabia that they are not wealthy, so any threat to the oil gravy train has them pounding on the door and demanding free goodies from the evil rich countries.

The irony of this is absolutely delicious. Or it would be, if it were not nearly certain that they WILL get their share of the goodies extracted from the dying democracies of the West (now including us, of course, given our new national leadership's solid Global Warming beliefs).

Quote:
Originally Posted by abud_1999 View Post
well say, and regarding this topic in Norway is one of the biggest oil and natural gas producer in Europe, they have enough money and investment that if the demand on oil and gas will stop, they can live in the same life quality there people live for more than 500 years, i have to admire these people.



i agree, and again they have mountains of golden sand near makka.
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Old 10-09-2009   #11 (permalink)
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It would do well for them to look at Dubai & how they have prepared for when their oil "dries" up.
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Old 10-13-2009   #12 (permalink)
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Quote:
Originally Posted by spoulson View Post
There will always be some need for oil. Other than motor vehicles, we need it in production of all sorts of rubbers and plastics. Their demand isn't going to dry up all that much.

It's hard to believe they don't have the foresight to come up with some other sustainable export. With all their heat and sand, maybe they should make glass or something.

I sure as hell don't want them making glass.

Maybe if the world actually depended less on foreign oil we could forget that the middle east exists and just leave them to go back to their nomadic ways. For the record though they would still hate us even if we gave them what they wanted/ ignored them.
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