RIYADH, Saudi Arabia - Saudi Arabian leaders made clear Friday they see
no reason to increase oil production until their customers demand it,
apparently rebuffing President Bush amid soaring U.S. gasoline prices.
During Bush's second personal appeal this year to King Abdullah, Saudi
officials stuck to their position that they are already meeting demand,
the president's national security adviser told re****ters.
"What they're saying to us is ... Saudi Arabia does not have customers
that are making requests for oil that they are not able to satisfy,"
Stephen Hadley said on a day when oil prices topped $127 a barrel, a
record high.
The Saudi government indicated that it is willing to put on the market
whatever oil is necessary to meet the demand of its customers, Hadley
said.
But even then, he said, Saudi leaders say increased production would not
dramatically reduce pump prices in the United States.
http://www.startribune.com/19004664.html


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