Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:40 AM

GasBuddy News Article

37
votes
Saudi Arabia Cuts Oil Output, Export: Industry Report

CNBC -- The world’s top oil exporter, Saudi Arabia, appears to have cut both its oil production and export in December, according to the latest update by the Joint Organizations Data Initiative (JODI), an official source of oil production, consumption and export data.

Read the Full Article

Submitted Feb 20, 2012 By: Nightfellow
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Saudi Arabia Cuts Oil Output, Export: Industry Report Back to Topics
REPLIES (newest first) Post a Reply
Tehbob
Champion Author California

Posts:5,215
Points:1,199,650
Joined:Jan 2012
Message Posted: Feb 20, 2012 9:06:12 PM

drill baby drill, in oklahoma!
db60
All-Star Author Indiana

Posts:982
Points:211,255
Joined:Oct 2011
Message Posted: Feb 20, 2012 3:11:08 PM

Pure and simple greed to jack up oil prices.
oas
Champion Author Maryland

Posts:7,460
Points:2,916,640
Joined:Feb 2005
Message Posted: Feb 20, 2012 9:00:48 AM

I though they were going to make up for the loss of Iran's oil output.
jwalkerh
Champion Author Louisiana

Posts:6,508
Points:1,451,080
Joined:Oct 2008
Message Posted: Feb 20, 2012 3:05:45 AM

We need viable alternatives now...not later.
vulcan96
Champion Author Ohio

Posts:27,181
Points:3,133,135
Joined:Aug 2004
Message Posted: Feb 20, 2012 2:27:24 AM

interesting times ahead......
Bruno44
Champion Author Texas

Posts:10,235
Points:2,525,980
Joined:Sep 2007
Message Posted: Feb 20, 2012 1:46:11 AM

Cut off saudi arabia.
hubcapLA
Champion Author Louisiana

Posts:3,905
Points:940,435
Joined:Apr 2009
Message Posted: Feb 20, 2012 1:43:36 AM

Yhey know Obozo is going to continue stopping us from using or getting our own oil plus Canada's
Vette1967
Champion Author Albany

Posts:9,210
Points:2,054,445
Joined:Jun 2009
Message Posted: Feb 20, 2012 1:39:49 AM

Okay.
RENEGADEGAS
Champion Author Missouri

Posts:18,224
Points:2,322,210
Joined:Jul 2008
Message Posted: Feb 20, 2012 1:33:37 AM

Thats why we need to produce more of our own oil and stop exporting it out. We have more than enough to supply ourselves.

[Edited by: RENEGADEGAS at 2/20/2012 1:34:08 AM EST]
36_ACRES_4_SALE
All-Star Author Appleton

Posts:999
Points:338,815
Joined:Oct 2011
Message Posted: Feb 20, 2012 1:33:00 AM

Ok
krobp46
Champion Author Milwaukee

Posts:6,020
Points:1,316,770
Joined:Sep 2011
Message Posted: Feb 20, 2012 1:32:52 AM

Not a good idea
UseLessGasFolks
Champion Author Iowa

Posts:8,593
Points:2,043,125
Joined:Jul 2007
Message Posted: Feb 20, 2012 1:32:43 AM


Thanks "buddies". Why don't you go beat up some more women?
Prodaddy
Champion Author Houston

Posts:11,562
Points:2,662,770
Joined:May 2007
Message Posted: Feb 20, 2012 1:32:36 AM

They wanna gouge us
jrschl
Champion Author Louisville

Posts:6,214
Points:1,459,640
Joined:Jun 2011
Message Posted: Feb 20, 2012 1:32:22 AM

This s been some 20-40 yrs in the making. First the 70's...which should have been the main warning sign. Next up, the First Gulf War. We should have taken care of Saddam for picking on the little guy, versus just slapping his hand. Fast forward to today and we'd be in a better situation for taking care of our problems when they were the present and not after the band-aid didn't work.
bobdec
Champion Author Miami

Posts:12,017
Points:2,513,995
Joined:May 2008
Message Posted: Feb 20, 2012 1:30:38 AM

NOt good if true
dslxcur
Champion Author Seattle

Posts:2,017
Points:1,831,055
Joined:Sep 2007
Message Posted: Feb 20, 2012 1:29:07 AM

DANG!........................................................................

If Not Speculation..........................................................

Manipulation.................................................................

From The Hand That Feeds...........................................
OWENALOTT
Champion Author Appleton

Posts:2,182
Points:500,095
Joined:Apr 2011
Message Posted: Feb 20, 2012 1:27:28 AM

Interesting read
BobD2009
Champion Author Long Island

Posts:10,197
Points:2,003,790
Joined:Apr 2009
Message Posted: Feb 20, 2012 1:27:15 AM

A bad sign.
StrangeLuv
Champion Author Kansas City

Posts:6,573
Points:1,609,710
Joined:Jul 2008
Message Posted: Feb 20, 2012 1:25:19 AM

Not good.
heartbroken2010
Champion Author Ottawa

Posts:7,577
Points:1,676,310
Joined:Aug 2010
Message Posted: Feb 20, 2012 1:24:49 AM

show me the money, where is it ??
goalie1950
Champion Author Phoenix

Posts:9,650
Points:2,074,465
Joined:Oct 2009
Message Posted: Feb 20, 2012 1:24:13 AM

What a bunch of jerks.
Dragnet
Champion Author Arizona

Posts:18,793
Points:3,660,230
Joined:Jul 2004
Message Posted: Feb 20, 2012 1:23:02 AM

I think this country needs to import camels. At least that way we can boost the price of our exports to these clown countries to include the price of our armed forces that safeguard them. So how much do they owe us? Well according to Odummo, our armed forces, both dead and alive are all "on the house" because we are such an inferior nation that we can bow down to these clowns. You know, we wouldn't have a deficit if we sent bills to all the nations that we provide security for to include leaving behind all of our military hardware. When will Iraq pay up to include all the troops that are still in that country? What about Korea? What about Afghanistan? Oh, they claim they don't have any money, and we know that is an Ishmael lie.
kcboy
Champion Author Utah

Posts:6,269
Points:2,064,070
Joined:Jun 2005
Message Posted: Feb 20, 2012 1:22:25 AM

ok
DirtDauber
Champion Author San Antonio

Posts:10,035
Points:2,407,915
Joined:Nov 2005
Message Posted: Feb 20, 2012 1:21:38 AM

This is no surprize.

They announced just this information before they did it.
roadrunnerMO
Champion Author Kansas

Posts:11,669
Points:2,478,340
Joined:Jul 2008
Message Posted: Feb 20, 2012 1:21:10 AM

We threw out our alternative when we stopped the keystone pipeline. Vote OBOZO OUT IN 2012.
Mowerman08
Champion Author Milwaukee

Posts:7,701
Points:1,962,765
Joined:Aug 2008
Message Posted: Feb 20, 2012 1:21:03 AM

They don't have to sell there oil if they don't want to.
jimpeel
Veteran Author Colorado

Posts:475
Points:112,875
Joined:Mar 2005
Message Posted: Feb 20, 2012 1:20:57 AM

The Saudis are not our friends and we don't reject them; but the Canadians are our friends and we reject them. Idiots at the helm of this country.
REVLAW
Champion Author San Antonio

Posts:13,716
Points:2,786,375
Joined:Jul 2007
Message Posted: Feb 20, 2012 1:20:19 AM

Okay.
2tone1
Champion Author Ontario

Posts:6,278
Points:1,561,230
Joined:Dec 2009
Message Posted: Feb 20, 2012 1:18:36 AM

I guess the prices aren't high enough for the Saudis yet.
Felixx
Veteran Author Seattle

Posts:360
Points:1,615,575
Joined:Jan 2009
Message Posted: Feb 20, 2012 1:18:02 AM

Let's look for alternatives!
wsoxfan999
Champion Author Illinois

Posts:3,981
Points:779,085
Joined:Jul 2011
Message Posted: Feb 20, 2012 1:17:20 AM

What about January?
blueBMW480
Champion Author Nashville

Posts:818,391
Points:1,619,540
Joined:Jan 2011
Message Posted: Feb 20, 2012 1:16:53 AM

Why
adgam
Champion Author Orange County

Posts:3,296
Points:1,090,675
Joined:Nov 2011
Message Posted: Feb 20, 2012 1:16:36 AM

ok
jcpatriots
Champion Author Massachusetts

Posts:5,791
Points:1,300,370
Joined:Sep 2011
Message Posted: Feb 20, 2012 1:14:37 AM

First Iran and now Saudi Arabia? This is NOT good.....
Ron77095
Champion Author Houston

Posts:6,306
Points:1,381,250
Joined:Sep 2011
Message Posted: Feb 20, 2012 1:13:59 AM

Ugh!
Timons
Champion Author Houston

Posts:1,840
Points:978,995
Joined:Jul 2007
Message Posted: Feb 20, 2012 1:10:35 AM

Apparently, the Saudi's may think that there isn't enough money to be made exporting oil.
Fawkes77
Rookie Author Oakland

Posts:72
Points:5,840
Joined:Aug 2011
Message Posted: Feb 20, 2012 1:10:02 AM

....
skeeterbait
Veteran Author Knoxville

Posts:345
Points:256,450
Joined:May 2009
Message Posted: Feb 20, 2012 1:08:05 AM

With supply down right now it shouldn't matter that much now.
zdcatc12
Champion Author San Antonio

Posts:2,158
Points:1,373,785
Joined:Nov 2010
Message Posted: Feb 20, 2012 1:07:41 AM

Not good.
Wizrd03
Champion Author Illinois

Posts:11,416
Points:2,410,910
Joined:Oct 2008
Message Posted: Feb 20, 2012 1:07:34 AM

Time to buils the XL pipeline and get out of the middle east
Pumpz
Sophomore Author Boston

Posts:202
Points:892,625
Joined:Apr 2004
Message Posted: Feb 20, 2012 1:06:47 AM

Good thing our President is blocking a North American oil pipeline....
LoneGuy
Champion Author Lansing

Posts:11,111
Points:2,945,625
Joined:Aug 2005
Message Posted: Feb 20, 2012 1:04:29 AM

Too bad the US has done nothing in the past three years to build our oil sustainability.
Tundralimited2009
Champion Author Dallas

Posts:43,540
Points:2,137,120
Joined:Feb 2009
Message Posted: Feb 20, 2012 1:04:01 AM

friend in need...
NOGASMOOLA
Rookie Author Illinois

Posts:61
Points:135,710
Joined:Apr 2006
Message Posted: Feb 20, 2012 12:59:14 AM

ok
Tracer2008
All-Star Author Alberta

Posts:548
Points:420,080
Joined:Sep 2008
Message Posted: Feb 20, 2012 12:53:41 AM

Alberta steps up to the plate
runout9
Champion Author New Jersey

Posts:3,240
Points:978,145
Joined:Dec 2008
Message Posted: Feb 20, 2012 12:52:32 AM

Such a friend!
NOGASMOOLA
Rookie Author Illinois

Posts:61
Points:135,710
Joined:Apr 2006
Message Posted: Feb 20, 2012 12:51:30 AM

INTERESTING...
pgerassi
Champion Author Milwaukee

Posts:14,156
Points:2,908,090
Joined:Apr 2007
Message Posted: Feb 20, 2012 12:51:10 AM

Demand is down and likely will stay down unless CIFs are banned outright by the world.
Teddy95
Champion Author Dayton

Posts:44,696
Points:3,475,825
Joined:Oct 2005
Message Posted: Feb 20, 2012 12:47:39 AM

Hummm...
miser709
Champion Author Grand Rapids

Posts:1,278
Points:1,782,275
Joined:Mar 2004
Message Posted: Feb 20, 2012 12:46:52 AM

Yea, lets see if we can get gas to $10.00 a gallon. Maybe then we will find other means of transportation.
us412
Champion Author Arkansas

Posts:27,967
Points:3,176,340
Joined:Apr 2006
Message Posted: Feb 20, 2012 12:44:42 AM

Slow exports now so as to flood the market this summer and ease their brother's, Obozo, reelection bid.
Post a reply Back to Topics