Appeasing the Saudis

There are those who would say that groveling to the Saudi King to increase oil production is a job below the pay grade of the US President. The Prez was in Saudi Arabia Friday doing just that because he has always touted his good relationship with the Saudis as leverage when it comes to oil prices. The visit with King Abdullah turned out to be a showcase of how the current administration is appeasing the Saudis. He just wanted one small thing to hold up as a reason why he is not as irrelevant as the rest of the world believes him to be. After reading the headlines yesterday I can't tell what actually transpired. The Saudis announced that they had already boosted produciton after Bush left but that move was not in response to the President's request. The Financial Times reported on the visit as a success with this quote:

The move came as Mr Bush faced intense political pressure at home provide relief from soaring petrol prices ahead of the summer driving season, but he received little credit for the Saudi announcement on Friday.

There were other MSM sources taking that angle including the Washington Times (surprise) and Reuters. The other side of the petrodollar was that the Bush was actually rebuffed by the Saudis. The balance of the reporting I read was that he was blown off. The BBC reported this when it came to a new production increase:

Saudi officials said they were already meeting demand, and had
increased production by 300,000 barrels per day earlier this month.

We are in such a bad position when it comes to oil dependency and respect in the Middle East that having to depend on what mood a Saudi king is in has become a big foreign policy deal. Until things change we'll have less and less leverage. With that in mind your government did manage to reach a deal on allowing the Saudis to develop a nuclear program for energy production. I can't shake the feeling that this is a subtle way of allowing the Saudis to accidentally acquire a nuclear capability to counter the moves being attempted by Iran to do the same thing. In the end you'll still pay $4.00 for a gallon of gasoline.

In review Bush went to Saudi Arabia and was rebuffed on his oil production request but the Saudis got assurances from your government on its continued support of Saudi hegemony in the region. They ended up with US support of a nuclear program, more weapons sales and continued protection from Iranian influence on the backs of the US military. Sounds like a pretty sweet deal to me. They may not be the our enemies but they're hardly our staunchest ally in the Middle East.