Saudi Arabia warn of "nightmare scenario" in development of alternative fuels

[sabra]

http://greeninc.blogs.nytimes.com/2009/02/11/saudi-view-of-alternative-fuel-nightmare/

HOUSTON — While the Obama administration is stressing the need to diversify America’s fuel supplies and wean the nation from its dependence on foreign oil, Saudi Arabia, the world’s biggest oil exporter, is warning about a “nightmare scenario” if consumers seek to speed up the development of alternative fuels.

Ali al-Naimi, the Saudi oil minister, said Tuesday evening at an oil industry conference in Houston that a push to develop more renewable fuels might jeopardize investments in conventional fuels.

“While the push for alternatives is important, we must also be mindful that efforts to rapidly promote alternatives could have a chilling effect on investment in the oil sector,” he said. “A nightmare scenario would be created if alternative energy supplies fail to meet overly optimistic expectations, while traditional energy suppliers scale back investment due to expectations of declining demand for their products.”

Saudi Arabia, along with other oil exporters, has long complained about what they view as the uncertainty of energy policies in Western nations. This uncertainty, oil producers argue, hampers their ability to make long-term plans to develop their resources.

[Renew Deal]

1. Thank you for your concern!

Concern trolling by the Saudi's

[Ioo]

2. Strategic Irrelevance - that should be our goal. Let them have the oil and the sand

The only reason we care about that part of the world is because of Oil.

We fund them, we fund the ones that hate us... so Strategic Irrelevance!

[rainy]

12. The ones who hate us hate us because we kill their children and

pollute their lands to control the oil. The ones we fund don't care as long as they are enriched.

[anonymous171]

33. Yep. We stop messing around there they will go back hating eachother instead of us.

Fine by me.

[Robb]

3. He's right, if that happens.

...although his scenario is as likely to occur as me subscribing to the Washington Times.

[Ichingcarpenter]

4. Remember the salt wars in history?

The word salary comes from the word salt.

The green revolution is gonna make the oil sheiks irrelevant.

[Soylent Brice]

26. one can only hope.

it will be interesting to see how quickly they fade out of existence, and divebomb into the ANnALs of history after alt fuels take off.

they have to realize they're screwn.

[Mr. Sparkle]

5. lol, That read like a parody from a comedy show.

[endarkenment]

6. a nightmare for who exactly?

I'm thinking for the gangsters known as the house of saud.

[stubtoe]

It would be a nightmare - for them.

Oil is all they've got. And now the Bushes are no longer in charge to help prop them up by suppressing alternative energy development.

[TheCowsCameHome]

7. Aw Jeez Ali, you're breaking my heart.

Not.

[GeorgeGist]

Correction:

This uncertainty, oil producers argue, hampers their ability to make long-term plans to develop increase their resources theft-by-profit.

[ThomWV]

8. What they are afraid of is that it will be Saudi money that has to maintain the fields

They aren't worried about disinvestment in the oil industry, they are worried that it will be their money rather than the oil companies that has to do it.

[Birthmark]

9. Gosh, we could have a Depression if that happened!!

Oh, wait. We already have one.

[xchrom]

10. pity that. -- now, please pass the solar panel. nt

[L0oniX]

11. I guess they would be forced to cut back on the amount of girls in their harems too.

[goforit]

13. THREATS!!! Once again!!! Pompus jackasses will be hit in their pocketbooks.

[azul]

14. Maybe Saudis ignore the nightmare scenario of climate cooking

that is a direct result of burning hydrocarbons?

All countries concerned with a future should be pulling all the stops out of developing and using alternative fuels. Fifty billions for atomic and coal clean-up in the stimulus is a waste and boondoggle diversion.

[Life Long Dem]

15. Yeah... no kidding...

Tell them we have this one and thanks for the tip.

[ixion]

16. piss off oil pimps

we're going to break the habit.

[bridgit]

17. What investments into renewables are going to do is make it less likely Saudi princess'

will get to crap on solid gold toilets while motoring round the Mediterranean on their father/uncle's mega-yachts that and foment great retributions against the House of Saud, that's their nightmare scenario and they aren't kidding anybody

[gratuitous]

18. Not a nightmare scenario!

Oh noes! Is that Freddy Krueger, the bastard son of a 1,000 maniacs lurking! Help us, O Wise Men of Washington and Riyadh!

[HillWilliam]

19. Now that makes a helluva lot of sense coming from a bunch

of people who are leading everyone else in the world in getting solar panels installed. But they don't want you and me or anyone else in the US to know that.

Hypocrites. Just like their pelican Bushie buddies.

[Moostache]

20. Filling with the urge to kill.....rising....rising....

FUCK YOU Ali al-Naimi....
FUCK YOU Saudi Arabia....
FUCK YOU middle-east entirely....

Seriously, I hope he trips on his fucking bath robe and strangles himself in broad daylight...

Once we no longer need oil, their profits are finished and their population will rise up and execute the entire "royal" family for their crimes against humanity in building desert palaces and living in luxury while their population is keep starving, idle and ignorant for exploitation by Wahabist brain washers.

I just wish I had command of the US military because I would order them to assist the people of Saudi Arabia in hunting down and finding the sheiks and "royals" as soon as the time comes...

[Thothmes]

45. That will not be the reason they rise up

They will rise up because their payments from the Government have stopped. They will rise up because the government no longer will be able to pay for their housing, because the government will no longer be able to pay for cradle to grave health care. They do not give a damn about a palace in the desert for the house of Saud, as long as the house of Saud takes care of their social needs. That is what the oil wealth buys.

[JerseygirlCT]

21. Sure. nt

[madrchsod]

22. the oil is going to run out boys....

we should be investing in our own energy sources in america

[Romulox]

23. Translation: we will jack the price of oil even as demand decreases.

Can anyone explain to me why oil companies are immune from anti-trust law? (And yes, I understand that US courts don't have jurisdiction over the Saudi producers, but they certainly do have jurisdiction over their US subsidiaries, refiners, et al.)

[tekisui]

24. Saudis are scared? All the better reason to move faster on alternatives.

[alfredo]

25. Oh boo fuckin Hoo! What's the matter, will it make it harder to fund al Qaeda?

[burythehatchet]

38. Is Cheney cutting them off?

[alfredo]

40. From what? No wait, I don't even want to go there.

[LibertyLover]

27. Provided that the technological problems were worked out (and I know that is a major problem)

what is there to prevent Saudi Arabia from becoming a major supplier of electricity from solar energy? They have a lot of unproductive land which receives a great deal of sunlight that is going to waste right now because the technology to fully utilize it hasn't been funded or developed. It seems to me that basing your energy exporting on the sun is a much better bet than oil, which is a non-renewable resource.

[trusty elf]

28. .....

[Sultana]

51. PERFECT, lol

:rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:


Thx :thumbsup:

[Evoman]

29. Well, if they were smart, they would put all the oil money into alternative fuels.

They have buckets of money to do it. They just need to educate their people instead of keeping them dumb with religion, then invest in the future.

Instead, they are spending their money on harems, drugs, terrorism and slavery.

Screw em.

[MagickMuffin]

30. "nightmare scenario" like 19 hijackers crashing US planes into US buildings

Are they going to put in another call to their "sleeper cells" in the US to attack us again?.?.?

If they did would the US "Shock and Awe" them?.?.?

That would most certainly be an interesting scenario since the US DOD has been selling them US weapons for decades.

Every time the US has expressed interest in developing Alternative Energy, there they are making sure to lower their prices to force us to ignore our own best interest. I've seen this game played out before.

[AntiFascist]

31. Ironic...

why have they been investing so heavily in non-energy related American companies? (Citibank, Faux News come to mind). Shouldn't they be the ones investing in oil industry development? Perhaps they know something that the more naive investors don't.

[ck4829]

32. Said Saudi Arabia, "It's more scary than unmarried couples holding hands!!111!!1"

[Warren DeMontague]

34. "Nice store you got here. Shame if something were to happen to it"

Call me crazy, but it sounds like the Saudi Oil Minister is makin' thinly veiled threats.

[Politicalboi]

35. Why don't the Saudi's learn how to drink their oil

If the oil industry goes belly up it couldn't happen to a nicer country.

[dkofos]

36. Worry not. You have the resources (US dollars) to by up any technology

you feel might speed up the development of alternative fuels.

Just like the oil companies have been doing for the last 50+ years.

[earth mom]

37. This has all the earmarks of * & Cheney propaganda. They will NEVER quit people.

And don't you forget it. :yoiks:

[comrade snarky]

39. Shouldnt he be more concerned

With the pressing issue of women being allowed to drive?

[NNN0LHI]

41. When the inbred Saudi ruling family is getting worried I am getting happy

[mitchum]

44. Absolutely...the House of Saud can't be put up against the wall fast enough

[Lost in CT]

42. Nightmare for them maybe.

Without oil they are truly an irrelevant country.

[mitchum]

43. Fuck the Saudi PIGS

[Greyhound]

46. I'm reminded of a quote from some film with Matt Damon if we were to get serious about alternative

energy sources.

"A hundred years ago you guys were running around cutting each other's heads off, and in a hundred years that's right where you'll be again."

If it were not for the oil, we wouldn't give two shits about these barbarians and I'm not entirely sure that's a bad thing.

[sabra]

49. Syrania

http://syrianamovie.warnerbros.com/

[Greyhound]

53. Thank you. n/t

[Eryemil]

54. Cheers! Let them exterminate themselves so we can fill the whole region with solar pannels to...

...feed the European gird. Haha.

[Pastiche423]

47. Teehee

[foxfeet]

48. Fuck 'em. On Valentine's Day.

While forcing them to wear red and cuddle teddy bears.

[MadHound]

50. Saudi Arabia warns of nightmare scenario where they become irrelevant along with the rest of the ME

Hey, Saudi Arabia, you've got lots and lots of year around sunlight, perhaps you need to start investing in some solar panels:shrug:

[Sultana]

52. STFU, SA

Hypocritical jerks!