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Barrett808 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 10:04 AM
Original message
Saudis call for meeting on global oil issues
DALLAS (Reuters) - Saudi Arabia's Crown Prince Abdullah on Tuesday said the kingdom will host a meeting in Riyadh during the fourth quarter to discuss oil and other energy issues between oil producing and consuming nations.

Speaking at a dinner hosted by the U.S.-Saudi Arabian Business Council, the crown prince said the meeting was necessary "because of the great importance we attach to the stability of the world energy markets and the contribution of these markets to world economic growth."

Abdullah said that at the upcoming meeting producers and consumers "can discuss with depth and transparency the (energy) issues at hand."

He did not give a date for the meeting.

(more)

http://www.reuters.com/locales/c_newsArticle.jsp?type=businessNews&localeKey=en_IN&storyID=8307101

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Coventina Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 10:08 AM
Response to Original message
1. Translation: What the *bleep* are we gonna do for $$ when oil runs out?
The Saudis know their clock is ticking....
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Frederik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 10:11 AM
Response to Reply #1
2. That's why
they invest in Bin Laden. Drugs and terrorism are the industries of the future.
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htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 11:42 AM
Response to Reply #1
5. Saudi proverb
Edited on Wed Apr-27-05 11:42 AM by htuttle
"My father rode a camel.
I drive a car.
My son flies a jet plane.
His son will ride a camel."

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Rose Siding Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 10:12 AM
Response to Original message
3. Take that, PAX Americana
They'll pencil us in.
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seemslikeadream Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 10:13 AM
Response to Original message
4. BURSON-MARSTELLER: PR FOR THE NEW WORLD ORDER
The Saudis hired these guys right after 9/11, probably still giving them advise.


Corporate Environmentalism

For years B-M has been involved in major environmental issues all over the world, not hesitating to give polluters a helping hand when confronted by activist groups and/or government regulations. Many transnational corporations have turned to B-M for help in the creation of a pedantic, elitist and corporate-oriented brand of environmentalism. It is the hope of entrepreneurial sectors and neoliberal demagogues that this type of safe and harmless environmental activism will displace the more militant and agressive grassroots groups.

B-M's environmental services have benefited industrial polluters, such as the following:


Babcock & Wilcox, when its nuclear power plant in Three Mile Island had its famous mishap in 1979.

Union Carbide, to handle the public relations crisis caused by the Bhopal tragedy in 1984.

Exxon, to counter the negative press coverage it got in the wake of the Exxon-Valdez oil spill in 1989.

Ontario Hydro, an industrial concern, headed by Earth Summit secretary general Maurice Strong, which is the biggest source of CO2 emissions in Canada. This corporation is currently selling nuclear reactors to Argentina and Chile.

The Louisiana-Pacific (L-P) logging company, famous for its union- busting, clear cutting of old growth forests and support for anti- environmental front groups. L-P hopes to convince its employees and the public that ruralunemployment in North America is caused by environmental extremists and opressive government regulation and not by unsustainable logging practices or the relocation of s awmills to low-wage countries like Mexico.

B-M formed the British Columbia Forest Alliance (BCFA), a Canadian front group which has L-P among its founding members. BCFA is campaigning against restrictions on logging and is actively work ing to smear and discredit environmentalists. Other BCFA members include Mitsubishi and Weyerhaueser.

B-M is a key player in the nuclear industry lobby. According to Canadian journalist Joyce Nelson, B-M has for years "represented top nuclear power/nuclear weapons contractors such as General Electric, AT&T, McDonnell Douglas, Asea Brown Boveri and Du Pont. In fact, Canada's first Candu reactor sale to Argentina in the early 1970's was later renegotiated during the reign of the military junta, for whom Burson-Marsteller did an image-cleanup from 1976-1981". In addition to this, since 1993 B-M subsidiary Black, Manafort, Stone & Kelly (see sidebar) has been representing Nordion International, a newly-privatised subsidiary of Atomic Energy of Canada Ltd., Canada's state-owned nuclear power company.

B-M coordinated the oil industry's campaign to discredit and destroy president Clinton's proposal for a BTU tax.

A B-M executive sits on the board of Keep America Beautiful, a front for the packaging and waste hauling industries that lobbies against mandatory recycling laws, especially the passage of a national bottle bill in the US.

B-M's most powerful and influential 'environmental' client is the Business Council for Sustainable Development (BCSD), an eco-capitalist outfit founded by Swiss banker Stephan Schmidheiny. A leading theorist and advocate of neoliberal dogma and corporate environmentalism, Schmidheiny agressively combines entrepreneurship and statesmanship. He is a board member of NestlE9, and a director and shareholder (5% owner) of B-M client Asea Brown Boveri. BCSD's original task was to act behind the scenes at the 1992 Earth Summit, which was chaired by the current head of B-M client Ontario Hydro Maurice Strong, to neutralize and silence any voices critical of the irresponsible behavior of polluting corporations. In the words of Joyce Nelson, "With the able assistance of public relations giant Burson-Marsteller, a very elite group of business people (including B-M itself) was seemingly able to plan the agenda for the Earth Summit with little interference from NGO's or government leader s". Nowadays BCSD is advocating free markets and unfettered corporate activity as the only salvation of the environment. Its members include the CEO's of Asea Brown Boveri, Browning Ferris Industries, Ciba-Geigy, Dow Chemical, DuPont, BCFA member Mitsubishi, Maurice Strong's Ontario Hydro, Royal Dutch-Shell, and companies from Argentina, Brasil, Chile, Spain, India, Kenya, Nigeria, Thailand and Venezuela.
more
http://home.intekom.com/tm_info/ge_bm.htm


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cosmicdot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-05 02:54 PM
Response to Original message
6. dinner hosted by the U.S.-Saudi Arabian Business Council
Edited on Wed Apr-27-05 02:57 PM by cosmicdot
"the kingdom will host a meeting in Riyadh during the fourth quarter"
no big rush ... we might get around to having another dog and pony show around October or November or December ...


wonder who all attended representing corporate amercia?

U.S.-Saudi Arabian Business Council
U.S. MEMBER COMPANIES

3M
ABB
The AES Corporation
Akin, Gump, Strauss, Hauer & Feld, L.L.P.
Amerada Hess Corporation
American International Group, Inc. (AIG)
Ameron International Corporation
Baker & McKenzie
Bank of America
The Bank of New York
Bechtel
The Boeing Company
Booz Allen Hamilton
Chevron Phillips Chemical Company
Chevron Texaco
Chicago Bridge & Iron Company
CIGNA Corporation
Citigroup Inc.
The Coca-Cola Company
COLSA International
Computer Sciences Corporation
ConocoPhillips
Deloitte & Touche
Dimensional Fund Advisors, Inc.
Ernst & Young
Exxon Mobil Corporation
Fluor Daniel
General Dynamics Corporation
General Electric Company
Gibson, Dunn & Crutcher, L.L.P.
Guardian Industries
Halliburton Company
Health Resources and Technology, Inc.
Huntsman
IBM
J.P. Morgan Chase & Co.
LCC International
LeBoeuf, Lamb, Greene & MacRae, L.L.P.
Lucent Technologies Inc.
Marathon Oil Company
Merck & Co., Inc.
Merrill Lynch
Microsoft Corporation
Midstream Partners, LLC
MK Capital, LLC
Morgan Stanley
Motorola Inc.
Northrop Grumman
Occidental Petroleum Corporation
Omega Machine & Tool Inc.
Parsons E&C
PepsiCo International
Pfizer International Inc.
Philip Morris Companies
Raytheon Company
Rock Creek Corporation
SAIC
Schlumberger Limited
Siemens Westinghouse Power Corporation
Strongwell Corporation
Textron Systems, Inc.
Trust Company of the West
UBS Financial Services Inc.
Union Carbide Corporation
United Technologies Corporation
VTLS, Inc.
Wamar International
WorldSpace Management Corporation

http://www.us-saudi-business.org/members.htm


PRESS RELEASE – April 21, 2005

Saudi Arabia Top U.S. Crude Supplier Once Again

Saudi Arabia was the largest crude supplier to the United States in February at 1.514 million barrels per day (b/d). The Kingdom was also the largest crude exporter to the U.S. during the month of January and has averaged 1.560 million b/d over the two month span, 200,000 b/d more than during the first two months of 2004. From a regional perspective, Latin America delivered 35% of all crude oil, while the market share of the Middle East was 24%. Africa came in at 20%, Canada at 15%, Europe at 5% and Asia at 1%, according to the International Oil Daily.
http://www.us-saudi-business.org/Press%20Releases/2005%20Press%20Releases.html#SaudiArabiaTopU.S.CrudeSupplierOnceAgain
http://makeashorterlink.com/?R3BC229FA
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