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Saudis want aid if world cuts need for oil (File under Chutzpah)
A-Pee story via Yahoo (at the link); wording here from private newsletter.
Saudi Arabia has been waging a quiet campaign
You misspelled "blackmail Western countries."
to secure financial assistance for major oil producers if a global climate bill to slash greenhouse gas pollution ends up cutting into oil revenues.

The country that controls the world's largest proven oil reserve said it stands to lose about $19 billion a year beginning in 2012 under a new global pact, according to a calculation by the Organization of Petroleum Exporting Countries.
GOOD! Hope it happens and hope it hurts - a lot.
But those calculations were disputed in a report this week by the International Energy Agency that found that even with an international climate agreement, OPEC revenues would still rise $23 trillion between 2008 and 2030, a four-fold increase over growth between 1985 and 2007.

"We are among the economically vulnerable LAZY countries," Mohammad S. Al Sabban, head of the Saudi delegation, said on the sidelines of talks this week in Bangkok. "We are in the process of diversifying our economy but this will take a long time. We don't have too many resources enough gumption to get off our dead asses and WORK. And we obviously can't let women work."

Al Sabban said Western nations are pursuing a policy against oil producers cloaked as a campaign to save the planet.
No, we're against the oil proreducers period.
Hey Faisal, perhaps you could distribute your large holdings amongst your people to help them get through lean times ...

Posted by: Barbara Skolaut 2009-10-08
http://www.rantburg.com/poparticle.php?ID=280617