President George W Bush made two(!) personal(!) Middle East “peace tours,” virtually back to back. Both more or less an ineffectual chaos resulting in a string of embarassments for US standing in the region. In addition to having as his primary peace message pressure to join US aggressiveness against Iran, both tours culminated in a begging session with King Abdullah for more oil. Both times President Bush walked away from King Abdullah with arms full of bling, looking like a rapper in a pawn shop, but both times not a drop of oil.
King Abdullah told President Bush that he is doing all he can.
Why then is the Kingdom suddenly able to increase oil output within the same month that he just rejected President Bush for the second time in a row?
Saudi King Abdullah, center, British Prime Minister Gordon Brown, right, and Chinese Vice President Xi Jinping, left, seen during the Saudi Oil summit in Jiddah, Saudi Arabia, on Sunday, June 22, 2008.
Miles Costello and Leo Lewis, Asia Business Correspondent
Saudi Arabia has offered to increase oil production, as the world’s biggest oil exporter moves to address global fears that prices are spiralling out of control, it emerged yesterday. The Kingdom, an influential Opec member and a huge force in world oil production, is prepared to raise output by 200,000 barrels a day next month in response to requests from customers, according to Ban Ki-Moon, United Nations Secretary-General.