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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.

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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
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Tehbob
Champion Author California

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Message Posted: Feb 20, 2012 9:06:12 PM

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

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Message Posted: Feb 20, 2012 3:11:08 PM

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

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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.
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jwalkerh
Champion Author Louisiana

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Message Posted: Feb 20, 2012 3:05:45 AM

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

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Message Posted: Feb 20, 2012 2:27:24 AM

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

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Message Posted: Feb 20, 2012 1:46:11 AM

Cut off saudi arabia.
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hubcapLA
Champion Author Louisiana

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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
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Vette1967
Champion Author Albany

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Message Posted: Feb 20, 2012 1:39:49 AM

Okay.
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RENEGADEGAS
Champion Author Missouri

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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]
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36_ACRES_4_SALE
All-Star Author Appleton

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Message Posted: Feb 20, 2012 1:33:00 AM

Ok
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krobp46
Champion Author Milwaukee

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Message Posted: Feb 20, 2012 1:32:52 AM

Not a good idea
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UseLessGasFolks
Champion Author Iowa

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Message Posted: Feb 20, 2012 1:32:43 AM


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

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Message Posted: Feb 20, 2012 1:32:36 AM

They wanna gouge us
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jrschl
Champion Author Louisville

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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.
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bobdec
Champion Author Miami

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Message Posted: Feb 20, 2012 1:30:38 AM

NOt good if true
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dslxcur
Champion Author Seattle

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Message Posted: Feb 20, 2012 1:29:07 AM

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

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

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

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

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Message Posted: Feb 20, 2012 1:27:28 AM

Interesting read
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BobD2009
Champion Author Long Island

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Message Posted: Feb 20, 2012 1:27:15 AM

A bad sign.
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StrangeLuv
Champion Author Kansas City

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Message Posted: Feb 20, 2012 1:25:19 AM

Not good.
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heartbroken2010
Champion Author Ottawa

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Message Posted: Feb 20, 2012 1:24:49 AM

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

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Message Posted: Feb 20, 2012 1:24:13 AM

What a bunch of jerks.
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Dragnet
Champion Author Arizona

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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.
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kcboy
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Message Posted: Feb 20, 2012 1:22:25 AM

ok
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DirtDauber
Champion Author San Antonio

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Message Posted: Feb 20, 2012 1:21:38 AM

This is no surprize.

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

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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.
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Mowerman08
Champion Author Milwaukee

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Message Posted: Feb 20, 2012 1:21:03 AM

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

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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.
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REVLAW
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Message Posted: Feb 20, 2012 1:20:19 AM

Okay.
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2tone1
Champion Author Ontario

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Message Posted: Feb 20, 2012 1:18:36 AM

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

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Message Posted: Feb 20, 2012 1:18:02 AM

Let's look for alternatives!
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wsoxfan999
Champion Author Illinois

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Message Posted: Feb 20, 2012 1:17:20 AM

What about January?
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blueBMW480
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Message Posted: Feb 20, 2012 1:16:53 AM

Why
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adgam
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Message Posted: Feb 20, 2012 1:16:36 AM

ok
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jcpatriots
Champion Author Massachusetts

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Message Posted: Feb 20, 2012 1:14:37 AM

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

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Message Posted: Feb 20, 2012 1:13:59 AM

Ugh!
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Timons
Champion Author Houston

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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.
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Fawkes77
Rookie Author Oakland

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Message Posted: Feb 20, 2012 1:10:02 AM

....
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skeeterbait
Veteran Author Knoxville

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Message Posted: Feb 20, 2012 1:08:05 AM

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

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Message Posted: Feb 20, 2012 1:07:41 AM

Not good.
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Wizrd03
Champion Author Illinois

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Message Posted: Feb 20, 2012 1:07:34 AM

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

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Message Posted: Feb 20, 2012 1:06:47 AM

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

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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.
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Tundralimited2009
Champion Author Dallas

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Message Posted: Feb 20, 2012 1:04:01 AM

friend in need...
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NOGASMOOLA
Rookie Author Illinois

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Message Posted: Feb 20, 2012 12:59:14 AM

ok
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Tracer2008
All-Star Author Alberta

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Message Posted: Feb 20, 2012 12:53:41 AM

Alberta steps up to the plate
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runout9
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Message Posted: Feb 20, 2012 12:52:32 AM

Such a friend!
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NOGASMOOLA
Rookie Author Illinois

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Message Posted: Feb 20, 2012 12:51:30 AM

INTERESTING...
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pgerassi
Champion Author Milwaukee

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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.
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Teddy95
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Message Posted: Feb 20, 2012 12:47:39 AM

Hummm...
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miser709
Champion Author Grand Rapids

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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.
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