Is Saudi Arabia running low on oil??
It is a bit of a shock to read in the NY Times that Saudi Arabia may be running low on oil in the near future, or that it may not be able to meet rising demand. Oil makes the modern industrial world go round. Saudi Arabia holds between a quarter and a third of the world’s estimated oil reserves. What Newcastle was to coal in the nineteenth century, Saudi Arabia is to oil in the twentieth century, and more. [more] by Moderator @ 08:56 PM CST [Link] Egyptian and Saudi Rulers: No to Democracy The rulers of Egypt and Saudi Arabia have rejected President George Bush’s initiative for democracy in the Middle East. A joint statement issued on the occasion of Egyptian President Mubarak’s visit to Saudi Arabia explained why there cannot be free elections, free speech and fair trials, and why Saudi women cannot get drivers’ licenses. [more] by Moderator @ 04:54 PM CST [Link] Of Civilization and Hypocrisy Israel Bonan asks, “Can we honestly deplore terrorism, while we condone governments with weap
