Agent Whiskers demands that countries pay for oil they don't actually buy!

[Flannel Boy]

Saudi Arabia is trying to enlist other oil-producing countries to support a provocative idea: if wealthy countries reduce their oil consumption to combat global warming, they should pay compensation to oil producers.
The oil-rich kingdom has pushed this position for years in earlier climate-treaty negotiations. While it has not succeeded, its efforts have sometimes delayed or disrupted discussions. The kingdom is once again gearing up to take a hard line on the issue at international negotiations scheduled for Copenhagen in December.

http://www10.nytimes.com/2009/10/14/business/energy-environment/14oil.html?_r=5&ref=global-home

[Bocsius]

It's like unemployment benefits for commodities.

[Great Rumbler]

It's going to be really funny* when the day comes when there's no oil left.

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*Scary

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[Reb]

You'll have Dubai.

[Akala]

You'll have Dubai.

ice cold

[Tieno]

It's their fault if they're not using their oil money to make structural investments in perpetration for a world less dependent on oil.

[Great Rumbler]

You'll have Dubai.

I'm convinced that Dubai will sink into the ocean, ala Atlantis, years before the world runs out of oil.

[Flannel Boy]

Oil money is going to ** ****'s pockets, what can a bunch of poor lackeys do about it?

Rebel by having 15 abortions.

[Bocsius]

You left out an asterick in each part of bin Laden.

Oh, I see. That's to throw them off the trail more. Carry on.

[Flannel Boy]

The Al Saud family won't like that post, jinfash.

[Bocsius]

In related news, we'll not be hearing from Jinfash ever again.

[Akala]

In related news, we'll not be hearing from Jinfash ever again.

Eh, he would have dissapeared sooner or later, especially after they find the copy of The Satanic Verses some asshole secret santa'd him.

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[close]

[Agent Whiskers]

Well that's stupid, but what struck me the most is that they've been trying to push this for a while. I don't remember anyone mentioning it, then again we thrive on censorship.

Obviously, It's the sole resource of the country, and without it we're fucked. Think going backwards a couple of decades, three to you people.

Completely untrue. There's more than just oil to keep this country afloat for the next century. Aside from the fact that Saudi Aramco is still discovering more and more oil fields, we have the 4th largest Natural Gas reserve in the world. Also, power generation, steel, chemicals, polymers, cement and telecom industries are booming compared to the rest of the Middle East & Africa. Whenever the day comes that we stop relying on oil as our primary (and not only) source of income, the other industries will take the spotlight.

Just cuz they gots deep pockets don't make them stupid, homeslice.

[Flannel Boy]

Completely untrue. There's more than just oil to keep this country afloat for the next century.

90% of Saudi Arabia's export earnings come from oil.

Aside from the fact that Saudi Aramco is still discovering more and more oil fields, we have the 4th largest Natural Gas reserve in the world.

Hey, we have gas, too! Diversity!

Also, power generation, steel, chemicals, polymers, cement and telecom industries are booming compared to the rest of the Middle East & Africa.

I'm pretty outgoing compared to other hermits. Winnipeg's climate is pretty warm compared to Siberia.

[Agent Whiskers]

Completely untrue. There's more than just oil to keep this country afloat for the next century.

90% of Saudi Arabia's export earnings come from oil.

Aside from the fact that Saudi Aramco is still discovering more and more oil fields, we have the 4th largest Natural Gas reserve in the world.

Hey, we have gas, too! Diversity!

Also, power generation, steel, chemicals, polymers, cement and telecom industries are booming compared to the rest of the Middle East & Africa.

I'm pretty outgoing compared to other hermits. Winnipeg's climate is pretty warm compared to Siberia.

I don't know what point you're trying to make but Saudi Arabia has been focusing on other resources this entire decade. I work for this company that generates the 90% export earnings and trust me when I say that (most of) that money has been spent on megaprojects in fields not closely tied to just oil and petrochemicals.

Hell, even our very own Saudi Telecom Company is expanding its business by opening sectors in India, Indonesia, and Kuwait. They sucked us dry with their monopolization of the landline sector and now they're planning to take over the world. Let's not forget about the (albeit small) gold mines in the Western province. Saudi ain't playin.

[Agent Whiskers]

Completely untrue. There's more than just oil to keep this country afloat for the next century.

90% of Saudi Arabia's export earnings come from oil.

Oh and one more thing, 90% =/= being the sole resource. Considering how much money we're getting from oil, that 10% is nothing to laugh at.

[Olivia Wilde Homo]

Who is going to pay for thousands of miles of pipe for the natural gas?  Europe has Gazprom and compressing it in tanks and shipping it off is pretty inefficient.  Not to mention the possibility for violence along a high pressure pipeline.  The US is discovering more and more reserves and Canada is just fine on that front.  Besides, the environmental measures are aimed to curb all fossil fuels, not just oil.

The Saudi economy's backbone is oil.

[Brehvolution]

Distinguished sand fellow

[Agent Whiskers]

This is the internet, of course sole resource is an exaggeration, just like how completely untrue is every bit as exaggerative.

You've mentioned natural gas (extracted from oil wells) as one of the other exports among other SABIC products, most of which are are petrochemicals and petro-extracts. The bottom line is that the country is very dependent on oil and it can't endure the economical impact that'll hit once they lose it (duh!). Just look at this absurd proposal that they're trying to push, I don't think they're interested or have faith in any type of alternative resource.

Distinguished sand fellow, please.

While you have a point, it's not like our oil reserves will be depleted by next year. Yes if oil production suddenly halts, we would be waist-deep in shit. But they're smart (or careful) enough to think ahead. Which is why I mentioned that they are starting to shift focus to other products. You know how big our telecom industry is becoming and it won't stop soon.

Also, gas and other exports are separated from Arabian Oil exports and will keep providing long after the oil wells dry up. Furthermore, the oil we're making money off of right now is the Arabian Light Crude that's been so hot in the industry for decades. Studies have suggested that there are reservoirs with Heavy Crude that haven't even been touched and you know damn well that Saudi Aramco's going to take a stern initiative to drill more oil wells and make more subsidiary company deals with China.

And technically, it is completely untrue that oil is Saudi Arabia's sole resource.

[Agent Whiskers]

Who is going to pay for thousands of miles of pipe for the natural gas?  Europe has Gazprom and compressing it in tanks and shipping it off is pretty inefficient.  Not to mention the possibility for violence along a high pressure pipeline.  The US is discovering more and more reserves and Canada is just fine on that front.  Besides, the environmental measures are aimed to curb all fossil fuels, not just oil.

The Saudi economy's backbone is oil.

Nobody's arguing that. All's I'm saying is that we've got more than just oil going for us and the petrochemical biz is getting bigger and bigger. And if they exploit it properly (and knowing them, they most certainly will), they won't have anything to worry about in the future. As for a future without oil, I don't see it happening this century.

[Tieno]

This is the internet, of course sole resource is an exaggeration, just like how completely untrue is every bit as exaggerative.

You've mentioned natural gas (extracted from oil wells) as one of the other exports among other SABIC products, most of which are are petrochemicals and petro-extracts. The bottom line is that the country is very dependent on oil and it can't endure the economical impact that'll hit once they lose it (duh!). Just look at this absurd proposal that they're trying to push, I don't think they're interested or have faith in any type of alternative resource.

Distinguished sand fellow, please.

camel please!

[Bocsius]

(Image removed from quote.)

You don't say.

[Agent Whiskers]

(Image removed from quote.)

You don't say.

I'll give you 5 barrels of fresh crude if you agree with me.

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If you refuse, I demand you pay me for doing so

[close]

[Tieno]

what about the camels, jinfash? what about the camels?

[Bocsius]

what about the camels, jinfash? what about the camels?

Marketed to kids.

Big Tobacco

[Agent Whiskers]

Yes, they're trying to decrease their dependency and shift their focus to something else, but a process like that will take them long time before achieving the desired results.

The only point I ever rebutted was the one where you claimed that oil is the only resource we get our income from. And my point is that, realistically, oil production will not suddenly halt anytime soon and by the time it does, other assets of our economy along with the 5 new cities King Abdullah recently initiated will have grown and capitalized on their respective markets. Nobody expects the oil market to plummet to the point where we'd have to immediately and exponentially shift our focus to other means of income. That's what economic strategists are for and you should expect the house of Saud (and Saudi Aramco) to have those by the boatloads. But I know where you're coming from regardless of how unrealistic it sounds. We're just going back and forth here and it's obvious we're on different pages.

You're making me cite the obvious here, stop.

As are you.

Ah yes, technicality. Don't stop there, you have to mention our wheat, grains and salt exports.

Now you're getting it. Unless you're still under the impression that oil is our sole resource. Or was that just internet hyperbole?

[Bocsius]

You get the feeling Whiskers is the gubmint operative assigned to monitor Jinfash's posting activity as it specifically relates to Saudi interests?

[Agent Whiskers]

You get the feeling Whiskers is the gubmint operative assigned to monitor Jinfash's posting activity as it specifically relates to Saudi interests?

Fuck Saudi interests, buddy. ama outlaw

Unbelievable. You've opened my eyes.

Cool beans.

[Reb]

This is interesting, after years of observing 'murikan interactions online, I now get to see some a-rabs discussing.

[Agent Whiskers]

I got grilled because I used the word "sole", but I also mentioned "getting sent back two hundred years" and "all the money is going coughcough's pockets" but I wasn't corrected. Looks like both are COMPLETELY TRUE

[FlameOfCallandor]

It's like unemployment benefits for commodities.

I'm assuming that liberals will find no qualms with this idea.

[HyperZoneWasAwesome]

It's like unemployment benefits for commodities.

I'm assuming that liberals will find no qualms with this idea.

paying even more money to greedy, evil corporations?  Yeah, I've got no truck with that.

[FlameOfCallandor]

It's like unemployment benefits for commodities.

I'm assuming that liberals will find no qualms with this idea.

paying even more money to greedy, evil corporations?  Yeah, I've got no truck with that.

Who said anything about evil corporations, I'm talking about the poor needy people of the gulf. Why do you hate brown people so much?