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	<title>Comments on: Saudi Arabia to increase oil output</title>
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	<description>A few thoughts from John Fleck, a writer of journalism and other things, living in New Mexico</description>
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		<title>By: My Movement Against Oil &#124; Greg In The Desert</title>
		<link>http://www.inkstain.net/fleck/?p=2605&#038;cpage=1#comment-266638</link>
		<dc:creator>My Movement Against Oil &#124; Greg In The Desert</dc:creator>
		<pubDate>Sun, 22 Mar 2009 03:03:30 +0000</pubDate>
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		<description>[...] John Fleck posts today about a New York Times story on how the Saudis are afraid that by squeezing demand for oil they are going to put themselfs out of buisness. While they are reaping record profits, the Saudis are concerned that today&#8217;s record prices might eventually damp economic growth and lead to lower oil demand, as is already happening in the United States and other developed countries. The current prices are also making alternative fuels more viable, threatening the long-term prospects of the oil-based economy.    It&#8217;s not your imagination, gas prices are higher than they were in 1918 when adjusted for inflation. Unless Saudis significantly reduce the price of gas and keep it down, the path is set to lessen our need and maybe one day eliminate our need for oil as a means of transportation. [...]</description>
		<content:encoded><![CDATA[<p>[...] John Fleck posts today about a New York Times story on how the Saudis are afraid that by squeezing demand for oil they are going to put themselfs out of buisness. While they are reaping record profits, the Saudis are concerned that today&rsquo;s record prices might eventually damp economic growth and lead to lower oil demand, as is already happening in the United States and other developed countries. The current prices are also making alternative fuels more viable, threatening the long-term prospects of the oil-based economy.    It&rsquo;s not your imagination, gas prices are higher than they were in 1918 when adjusted for inflation. Unless Saudis significantly reduce the price of gas and keep it down, the path is set to lessen our need and maybe one day eliminate our need for oil as a means of transportation. [...]</p>
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		<title>By: My Movement Against Oil &#124; Greg In The Desert</title>
		<link>http://www.inkstain.net/fleck/?p=2605&#038;cpage=1#comment-264737</link>
		<dc:creator>My Movement Against Oil &#124; Greg In The Desert</dc:creator>
		<pubDate>Wed, 11 Feb 2009 00:12:03 +0000</pubDate>
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		<description>[...] Movement Against Oil  June 14th, 2008  Goto comments Leave a comment      John Fleck posts today about a New York Times story on how the Saudis are afraid that by squeezing demand for oil they are [...]</description>
		<content:encoded><![CDATA[<p>[...] Movement Against Oil  June 14th, 2008  Goto comments Leave a comment      John Fleck posts today about a New York Times story on how the Saudis are afraid that by squeezing demand for oil they are [...]</p>
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		<title>By: John Mashey</title>
		<link>http://www.inkstain.net/fleck/?p=2605&#038;cpage=1#comment-248983</link>
		<dc:creator>John Mashey</dc:creator>
		<pubDate>Sun, 15 Jun 2008 07:31:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.inkstain.net/fleck/?p=2605#comment-248983</guid>
		<description>Unfortunately, the article said nothing about the nature of the extra production: is it sweet crude (which everybody wants) or the the sour (suflur-heavy) crude (for which there is little or no extra refining capacity)?

I.e., not all barrels are equal.</description>
		<content:encoded><![CDATA[<p>Unfortunately, the article said nothing about the nature of the extra production: is it sweet crude (which everybody wants) or the the sour (suflur-heavy) crude (for which there is little or no extra refining capacity)?</p>
<p>I.e., not all barrels are equal.</p>
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