The price of gas going up again ! Saudis Attacked....

Although the Saudis say this is not going to affect oil prices, they may not be aware of the extent of the strategy. It appears from this untrained eye that there is a targeted strategy to drive up the price of gasoline to make it unbearable for the Americans by this fall and winter...This is the second attack this month on oil facilities or oil workers...
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http://dailynews.att.net/cgi-bin/news?e=pri&dt=040529&cat=news&st=newsd82sd9c80&src=ap

Militants Kill 10 in Saudi Arabia Complex

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While oil supply and export facilities were unaffected, analysts said Saturday's attack could further raise oil prices, already driven to new highs partly by fears that Saudi Arabia _ the world's largest oil producer _ is unable to protect its oil industry from terrorists.

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The attack came as Saudi Arabia, OPEC's most powerful member, is urging the group to boost oil production to try to reduce the high cost of crude.

Peter Gignoux, a London-based oil adviser for GDP Associates in New York, said news of the attacks might trigger a further rise in oil prices but noted that oil facilities were unaffected.

Michael Rothman, chief energy strategist at Merrill Lynch in New York, also said there might be "a limited psychological reaction" in oil markets but that the attack would not affect supply.

..more

BFEE makes money off of war, oil and gold. Seems they've hit another trifecta.



The Bush-Saudi Connection

By Michelle Mairesse

Ancestral Voices

In 1920, under a League of Nations mandate, officials from France and Great Britain carved up vast tracts of warlord-dominated territories in Arabia into what they imagined would be nation states devoid of the complex historical, cultural, and tribal realities of the Mideast.

Instead of establishing European-style nation states, the strongest warlords quickly entrenched themselves with the aid of standing armies and spy networks. In much of the Mideast, fealty is often accorded to tribal overlords and the Islamic sects they favor rather than to the territory and people within the boundaries of the nation state. Jonathan Rabin succinctly defines the reality, past and present, of the desert sheikdoms: "The systems of government that have evolved in Syria, Iraq and Saudi Arabia are paranoid family dictatorships with ancestral roots in a single city or village." (1)

Islamic fundamentalists like Osama bin Laden make their appeals to the nation or community of believers, not to any particular nation state, although the rich and powerful among the Muslims have founded Western-style businesses and formed corporations both inside and outside the boundaries of their native countries. Because Osama himself is a scion of a rich Saudi family with wide-ranging business interests throughout the world, the split Saudi personality is most evident in him and the bin Laden clan. Osama, who calls America "The Great Satan," has done business with the infidel Americans whenever it suited him.

Throughout the eighties, when the United States assisted the Saudis in a giant military buildup of airfields, ports, and bases throughout the kingdom, many of the contracts were awarded to the largest construction company in Saudi Arabia, the Saudi Binladen Group, founded by Osama bin Laden’s father.

CONTINUED...

http://www.hermes-press.com/BushSaud.htm

What if this is a lot nastier? What if the rebels seek nothing less than the fall of the House of Saud? Robert Baer, the ex CIA author speculates that a well placed ship bomb, such as the one that damaged the Cole, could reduce production by 6 million barrels per day....and that would likely put the global economy into a tailspin.

I think the rebels are playing for all the marbles. Let's hope I'm wrong.

The House of Saud is built on sand. A very real possibility.