oil goes to 128 and King Saud . . .

George Bush is right if he said he is not going to lower oil prices.

Let the consumer lower the consumption or pay the higher price.

That's simple logic of Georgie dear.

I really can't believe he went and asked them to lower the oil price "to help American consumers". Why would they do that? Americans are clearly having to pay the higher prices to continue to work and eat as it is. Why should they lower the price to be nice?

I don't recall us stopping bombing any country we have been at war because the city had been destroyed. We did it to show that we are a superior power. We have been at war with Saudi Arabia in my lifetime, so it's still rather fresh in most peoples mind what we did.

I can see why they won't lower their prices, for years America has been the largest consumer of everything, from gas to cigarettes to water. If there is a way to make a profit by charging the most profitable nation(people-wise, not government-wise obviously), I think they have every right to do so.

I am American, and have to pay the gas prices too, so it's hurting me financially as well, but we should have seen this coming and have been saving for it. Countries in Europe have had gas at the price we have it at now for years. Yes, they complained, but they also found other options, bikes, scooters, etc. I think America has forgotten how to walk, ride a bike, etc. Or maybe we just dug ourselves in a whole by not having cheap transportation options.

the way we can really beat these people is so simple that we need to get the American OIl companies on board and get them to sell their oil to America for less than it is over seas, that forces the oil prices down and in the end its a win win situation because we would help the economy we weould be forcing the oil that is going to world market to compete.

I think at a time like this Americans should start by taking care of their own, and not thinking of all teh greed that they can get because we are paying 128.00 a barral of oil.

Mooch

Now for the really crazy part of this story. The Saudies have "found" a way to produce more oil, and have started doing it. They have also come out asking for a meeting between all of the major oil producers, and suppliers to discuss how much of an impact speculation has had on the price of oil. The Saudies believe that oil should be trading in the $60 - $80 range, and will do what it takes to get it back to this level. Now the question I have is why wouldn't they say this during, or even while Bush was leaving to make it look like they cared what he had to say to them. But, they wait till after he leaves to shock the market, and all of wall street with this news (and it did do that). I guess that shows how good of friends the Saudies are, and how much they like their good friend GWB