
The Rooster

This Blog is created to stress the importance of Peace as an environmental directive. “I never give them hell. I just tell the truth and they think it’s hell.” – Harry Truman (I receive no compensation from any entry on this blog.)
Kingdom Ready to Hike Output: Naimi
P.K. Abdul Ghafour, Arab News
JEDDAH, 30 August 2005 — Saudi Arabia yesterday announced its readiness to increase crude oil production to 11 million bpd if world market faces any shortage in oil supplies as a result of Hurricane Katrina.
“We are closely monitoring the impact of Hurricane Katrina on US crude oil supplies, refining activity and oil prices,” said Minister of Petroleum and Mineral Resources Ali Al-Naimi.
“We continue to be in close contact with our customers, especially those in the US, to assist them during any shortfall in oil supplies,” the Saudi Press Agency quoted the minister as saying.